Mon Apr 21 04:10:00 UTC 2025: ## Indian Banks Report Strong Q4 FY25 Earnings, Led by HDFC and ICICI

**Mumbai, April 19, 2025** – Several major Indian banks reported strong fourth-quarter (Q4) FY25 earnings results today, exceeding analyst expectations in several cases. HDFC Bank, ICICI Bank, and Yes Bank led the announcements, showcasing robust growth despite economic headwinds.

HDFC Bank, India’s largest private sector lender, reported a 6.6% year-on-year increase in standalone net profit to ₹17,616 crore, surpassing analyst forecasts. This growth was fueled by a 10% rise in net interest income (NII) to ₹320.7 billion. While gross non-performing assets (NPAs) slightly increased to 1.33%, the bank’s overall asset quality remained healthy. The board recommended a dividend of ₹22 per share.

ICICI Bank, the second-largest private lender, also announced record profits. Standalone net profit jumped 18% to ₹12,630 crore, exceeding the average analyst forecast. Strong retail loan demand drove a 13.9% increase in total loans, while deposits grew by 14%. Net interest income rose 11% to ₹211.93 billion, and the net interest margin (NIM) remained stable at 4.41%. Gross NPAs improved to 1.67%.

Yes Bank reported a significant 63% surge in Q4 net profit, reaching ₹738 crore, driven primarily by a 33% year-on-year decrease in provisions. Asset quality also improved, with gross and net NPA ratios falling to 1.6% and 0.3%, respectively. The bank anticipates 12-15% credit growth in FY26. However, the bank announced a reduction in savings bank account interest rates, effective April 21. The CEO attributed recent executive departures to a strategic shift in building both retail and wholesale loan books.

Other notable results included a 92% year-on-year increase in Yes Bank’s full-year net profit and strong performances from companies like Just Dial and Cellecor Gadgets. Several IT firms, including Infosys and Wipro, also released their results this week.

While the banking sector faces challenges such as deposit mobilization and potential margin pressure from interest rate cuts, these Q4 results suggest a resilient performance for many major players. Analysts generally expect net interest margins to remain under pressure in the coming quarters due to recent RBI rate cuts.

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