HDFC Bank Q1 net profit grows 5% to ₹19,060 crore

HDFC Bank Ltd reported a 5% year-on-year increase in net profit for the first quarter ending June 30, 2026, reaching ₹19,060 crore, up from ₹18,155 crore last year. The growth in profit was supported by a 6.7% rise in Net Interest Income (NII) to ₹33,536 crore, driven by increased loans and deposits. Despite this, the bank noted that its Net Interest Margin (NIM) remains under pressure.

Read the source (The Hindu Business)

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