Noida, Apr 18 (APAC Media): HDFC Bank on Saturday reported a 9 per cent year-on-year rise in net profit for the fourth quarter ended March 31, 2026, at Rs 19,221 crore, compared with Rs 17,616 crore in the corresponding period last year.
The country’s largest private sector lender reported a marginal decline in interest income for the quarter, which stood at Rs 76,610 crore, down 1.1 per cent from Rs 77,460 crore in the year-ago period.
“The bank paid a special interim dividend of Rs 2.50 per equity share of Rs 1 each (adjusted for bonus) on August 11, 2025. The Board of Directors has recommended a final dividend of Rs 13.00 per equity share of Rs 1 for the year ended March 31, 2026, subject to approval by shareholders at the forthcoming annual general meeting,” the bank said in a BSE filing.
Net interest income (NII), a key measure of a bank’s core earnings, rose 3.2 per cent to Rs 33,082 crore in Q4 FY26, as against Rs 32,006 crore in the same quarter of FY25. Operating profit also registered a healthy growth of 4.8 per cent year-on-year, coming in at Rs 27,802 crore compared to Rs 26,537 crore earlier.
“With this, the total dividend for the year ended March 31, 2026, would be Rs 15.50 per equity share of Rs 1 each. The record date for determining the eligibility of members entitled to receive the said dividend is Friday, June 19, 2026,” it added.
In a positive development, provisions declined sharply by 18 per cent to Rs 2,609 crore during the quarter, from Rs 3,193 crore in the year-ago period, indicating improved asset quality and lower stress in the loan book.
Therefore, the lender reported an improvement in asset quality, with the gross non-performing assets (GNPA) ratio declining to 1.15 per cent in Q4 FY26 from 1.24 per cent in the preceding quarter, while the net NPA (NNPA) ratio eased to 0.38 per cent from 0.42 per cent; in absolute terms, gross NPAs fell to Rs 34,061.2 crore from Rs 35,179 crore in Q3 FY26.
For the full financial year FY26, the bank reported a return on assets (RoA) of 1.94 per cent, higher than 1.91 per cent recorded in the previous fiscal.
The bank’s Board of Directors has recommended a final dividend of Rs 13 per equity share of face value Re 1 for FY26, subject to shareholders’ approval. With this, the total dividend for the financial year stands at Rs 15.50 per share. The record date for determining eligible shareholders has been fixed as June 19, 2026.
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