HDFC Bank Q3 Net Profit Jumps 11.5% to ₹18,654 Crore; NII Up 6.4%

• HDFC Bank reported an 11.5% year-on-year increase in net profit for Q3 FY26, reaching ₹18,654 crore.
• Net Interest Income (NII) grew by 6.4% to ₹32,620 crore, driven by core income and deposit growth.
• Asset quality improved with Gross NPA ratio decreasing from 1.42% to 1.24% and Net NPA ratio falling to 0.42%.
• Operating expenses were ₹18,770 crore, with a core cost-to-income ratio of 39.2%.
• Provisions and Contingencies decreased by over 10% to ₹2,840 crore, including a ₹1,040 crore contingent provision release.

Why It Matters: HDFC Bank posted strong Q3 FY26 results with significant profit growth, improved asset quality, and stable margins.