Thu Jan 23 09:22:34 UTC 2025: ## HDFC Bank Posts Solid Q3 FY25 Results, Net Profit Up 2.2%
**Mumbai, India** – HDFC Bank, India’s largest private sector lender, reported a healthy 2.2% year-on-year increase in standalone net profit for the third quarter of fiscal year 2025 (Q3 FY25), reaching Rs 16,736 crore. This surpasses analyst projections which predicted muted growth in the 0-3% range. The bank’s net profit in the same period last year stood at Rs 16,373 crore.
The strong performance was driven by a 7.6% rise in interest earned, totaling Rs 76,007 crore, and an 8% year-on-year increase in net interest income (NII) to Rs 30,690 crore. While interest expended also rose (7.7% to Rs 45,354 crore), the bank maintained a healthy core net interest margin of 3.43% on total assets and 3.62% on interest-earning assets.
Overall net revenue saw a 6.3% increase, reaching Rs 42,110 crore compared to Rs 39,610 crore in Q3 FY24.
The positive results were well-received by the market. Following the announcement, HDFC Bank shares saw a 1.41% increase, trading at Rs 1,665.50 at the time of writing.
First Piper 