HDFC Bank Q4 Results: Net profit up 7%, NII rises 10%; board recommends dividend of ₹22/share

Net interest income (NII) of the bank increased to ₹32,066 crore for the reporting quarter, up 10.3% YoY as compared to ₹29,080 crore in the December quarter.

HDFC Bank's board recommends dividend

HDFC Bank's board has recommended a dividend of ₹22 per share with a face value of ₹1 each for the financial year 2024-25. The record date for the dividend is Friday, June 27, HDFC Bank said in a regulatory filing to the stock exchanges.

“The Board also recommended a dividend of Rs 22 per equity share of Re 1/- each fully paid up (i.e. 2200 %) for the FY25, subject to the approval of the shareholders. The record date for determining the eligibility of members entitled to receive the said dividend is Friday, June 27, 2025,” the filing stated.

HDFC Bank Q4 Results: Key highlights

• The bank's Gross Non-Performing Assets (Gross NPA) during the January-March quarter of FY25 stood at ₹35,222.6 crore as against ₹36,018.6 crore in the third quarter. The GNPA ratio for the reporting quarter stood at 1.33% as against 1.42% in Q3 FY25 and 1.24% in Q4 FY24.

• Net NPA ratio was at 0.43% for the March quarter as compared to 0.46% in the December quarter of FY25 and 0.33% in the year-ago period (Q4 FY24).

• Net interest margin (NIM) stood at 3.54% on total assets and 3.73% on interest-earning assets.

• HDFC Bank's average deposits rose 15.8% YoY to ₹25.28 lakh crore in the fourth quarter of FY25 as against ₹21.84 lakh crore in Q4 FY24. The lender's average deposits stood at ₹24.53 lakh crore in Q3 FY25.

• Operating profit of the bank declined by 9.4% YoY in the March quarter to ₹26,537 crore as against ₹29,274 crore in the year-ago period.

• Provisions of the lender plunged by as much as 76.4% in Q4 FY25 to ₹3,193 crore, down from ₹13,511 crore in the March quarter of FY24.