HDFC Bank share price rose 2.6% to hit an intra-day high of Rs 1,841.95. It is the top gainer on the Nifty 50. The surge in share price came after the company reported its business update about the fourth quarter of FY25.
HDFC Bank: Deposit growth jumps 14% in Q4
The country’s largest private sector lender reported that its deposits grew 14.1% year-on-year in the fourth quarter of FY25, rising 5.9% on a sequential basis to Rs 27.15 lakh crore. Its gross advances grew 5.4% year-on-year and 4% on a quarter-on-quarter basis to Rs 26.44 lakh crore.
HDFC Bank: Credit outlook encouraging
In the current fiscal, HDFC Bank secured advances of Rs 57,000 crore and in the fourth quarter alone, the bank secured loans worth Rs 10,700 crore.
Its average deposits grew by nearly 16% year-on-year and 3.1% quarter-on-quarter to Rs 25.28 lakh crore. Current account savings account (CASA) deposits grew by 5.7% year-on-year and 1.4% quarter-on-quarter to Rs 8.29 lakh crore.
The bank’s term-end deposits stood at Rs 17.70 lakh crore as of Q4 FY25, a growth of 20.3% over the previous year, while it was Rs 14.71 lakh crore as of Q4 FY24 and up 4.7% sequentially from Rs 16.91 lakh crore as of December 31, 2024.
HDFC Bank Q3 Results
The company reported a 2.2% rise in net profit to Rs 16,735.50 crore for Q3 FY25. Its net interest income (NII) grew 7.7% year-on-year to Rs 30,650 crore. Its other income remained stable at Rs 11,450 crore. The private lender’s net interest margin (NIM) grew 3.43% for Q3 FY25, a marginal drop compared to 3.5% in Q2 FY25. However, its provisions and contingencies declined to Rs 3,150 crore in the third quarter of the current fiscal year, compared to Rs 4,220 crore in Q3 FY24.
HDFC Bank: Stock Performance
HDFC Bank share price has gained 1.4% in the last five trading sessions. It has given a return of over 7% in the last one month and 11% in the last six months. In the last one year, this stock has increased investor wealth by 20%.
