HDFC Bank Shares Dip Despite Q3 Net Profit Surge to Rs 18,653.75 Crore

• HDFC Bank reported a standalone net profit of Rs 18,653.75 crore for Q3 FY26, up from Rs 16,735.5 crore last year.
• Net Interest Income (NII) increased by 6.4% year-on-year to Rs 32,615 crore, driven by loan growth and managed funding costs.
• Total income for the quarter rose to Rs 90,005 crore, compared to Rs 87,460 crore in the previous year.
• Gross Non-Performing Assets (GNPA) improved to 1.24% from 1.42% year-on-year, with gross advances growing 11.9% to Rs 28.45 lakh crore.
• Despite strong financial results, HDFC Bank shares traded in red, dropping half a percent after opening in green.

Why It Matters: HDFC Bank's Q3 net profit soared, but its shares unexpectedly declined, highlighting market volatility.