PAT excluding treasury trading gains grew about 12.6% YoY, as treasury trading gains fell 67.4% to Rs 780 crore from Rs 2,390 crore a year ago.

Standalone net interest income increased 9.7% YoY to Rs 34,620 crore, while net revenue stood at Rs 48,450 crore, compared with Rs 45,900 crore a year ago.

The bank's net interest margin stood at 3.16% on total assets and 3.32% on interest-earning assets. Its cost-to-income ratio was 39.1%.

Interest earned rose 8.8% to Rs 83,426.60 crore, while other income fell 3.6% to Rs 13,831.02 crore. Within other income, fees and commissions rose to Rs 9,690 crore from Rs 8,840 crore, and foreign exchange and derivatives revenue was Rs 1,550 crore against Rs 1,590 crore.

Profit before tax rose 6.1% YoY to Rs 25,909.80 crore from Rs 24,423.07 crore, and 3.2% from Rs 25,108.30 crore in Q1 FY27.

Operating profit before provisions and contingencies rose 5.6% YoY to Rs 29,483.42 crore from Rs 27,923.60 crore, and 4.7% from Rs 28,168.06 crore in the previous quarter. As a share of total income, operating profit was 30.3%, compared with 30.7% a year ago and 30.6% in Q1.

On costs, employee expenses rose 4.8% to Rs 6,774.17 crore, other operating expenses rose 5.9% to Rs 12,192.61 crore, and total operating expenses rose 5.5% to Rs 18,966.78 crore. Interest expended rose 8.1% to Rs 48,807.42 crore.

The bank's gross non-performing assets (NPAs) stood at Rs 35,809.70 crore as on September 2026, as against Rs 35,846.35 crore as on June 2026 and Rs 34,289.48 crore as on September 2025.

The ratio of gross NPAs to gross advances stood at 1.11% as on September 2026, as against 1.17% as on June 2026 and 1.24% as on September 2025.

The ratio of net NPAs to net advances stood at 0.37% as on September 2026, as against 0.41% as on June 2026 and 0.42% as on September 2025.

The bank's provisions and contingencies rose 2.09% to Rs 3,573.62 crore in Q2 September 2026 over Q2 September 2025. The total credit cost ratio was 0.44% for Q2 FY27.

Average deposits grew 16.8% YoY to Rs 31,66,400 crore in Q2 FY27, while average CASA deposits increased 10.7% to Rs 971,200 crore. Total deposits rose 18.8% YoY to Rs 3,327,400 crore as of 30 September 2026. CASA deposits accounted for 31.6% of total deposits. Time deposits rose 22.8% to Rs 2,275,500 crore, while savings account deposits stood at Rs 716,300 crore and current account deposits at Rs 335,600 crore.

Gross advances increased 16.3% YoY to Rs 3,219,500 crore as of 30 September 2026. Retail loans grew 11.7%, loans to small and mid-market enterprises increased 23.5%, and corporate and other wholesale loans rose 16.4%. Advances under management grew 15.3% YoY, and overseas advances made up 3.3% of total advances.

The bank’s capital adequacy ratio stood at 18.9% as of 30 September 2026, down from 20.0% a year ago, against the regulatory requirement of 11.9%. Its Tier 1 capital adequacy ratio was 17.2%, while the Common Equity Tier 1 ratio stood at 17.1%.

HDFC Bank's branch network grew to 9,706 branches across 4,177 cities and towns as of 30 September 2026, while its ATM count declined to 20,881. The bank had 2,10,109 employees, down from 2,20,339 a year ago.

Among subsidiaries, HDB Financial Services’ profit after tax (PAT) rose 34.2% YoY to Rs 780 crore in Q2. HDFC Securities’ PAT rose 26.1% to Rs 270 crore, and HDFC Life’s PAT rose 13.6% to Rs 510 crore. HDFC AMC’s PAT rose 4.17% to Rs 750 crore from Rs 720 crore a year ago, while HDFC ERGO General Insurance’s PAT fell 11.11% to Rs 160 crore from Rs 180 crore.

Shares of HDFC Bank rose 0.28% to settle at Rs 728.85 on 16 October 2026.