HDFC Bank reports 4.70 percent Q2 profit growth while HDFC Bank stock costs EUR 20.50

Published on 10/20/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HDFC Bank reported INR 195.10 billion in Q2 profit on October 17, 2026. HDFC Bank stock costs EUR 20.50 as deposits rose 18.80 percent.

Margins and growth set direction

HDFC Bank reported INR 195.10 billion in second-quarter profit on October 17, 2026.
Net interest margin stood at 3.16 percent, while deposits grew 18.80 percent in the second quarter of fiscal year 2027.
HDFC Bank stock trades at EUR 20.50 at 10:04 a.m. CEST at Lang & Schwarz on October 20, 2026.
Anup Bagchi is scheduled to become chief executive on October 27, 2026.

HDB, US40415F1012, Illustration mit AI erstellt.

HDFC Bank reported a 4.70 percent year-over-year increase in second-quarter profit to INR 195.10 billion on October 17, 2026, while HDFC Bank stock was at EUR 20.50 at Lang & Schwarz on October 20, 2026 at 10:04 a.m. CEST. Business Standard reported that net interest income increased 9.70 percent to INR 346.20 billion in the quarter ended September 30, 2026.

Profit grows as treasury gains fall

The headline profit figure masked a sharper underlying increase. BusinessToday said profit excluding treasury trading gains grew 12.60 percent year over year in the second quarter of fiscal year 2027. Treasury trading gains fell to INR 7.80 billion from INR 23.90 billion a year earlier, limiting reported profit growth.

The operating picture was stronger in lending and deposits. Deposits increased 18.80 percent to INR 33.27 trillion as of September 30, 2026, while gross advances rose 16.30 percent to INR 32.20 trillion, according to Business Standard.

What does the 3.16 percent margin mean?

Margin pressure remains the key operating counterweight. Net interest margin was 3.16 percent of total assets and 3.32 percent of interest-earning assets in the second quarter of fiscal year 2027, while the gross non-performing asset ratio improved to 1.11 percent as of September 30, 2026, from 1.24 percent a year earlier, BusinessToday reported.

Three dates show the transition

On August 31, 2026, HSBC lowered its price target from USD 30.80 to USD 26.10, according to MarketBeat. On September 30, 2026, HDFC Bank's gross non-performing asset ratio stood at 1.11 percent. On October 17, 2026, the bank reported INR 195.10 billion in second-quarter profit and INR 346.20 billion in net interest income.

Dates investors can measure

Anup Bagchi is scheduled to succeed Sashidhar Jagdishan as chief executive on October 27, 2026, according to Business Standard. The leadership handover and the next margin reading are the clearest dates for testing whether deposit growth can offset weaker treasury income.

HDFC Bank stock stays tied to execution

HDFC Bank had a market capitalization of USD 118.25 billion on October 19, 2026, while its latest quarter combined 18.80 percent deposit growth with a 3.16 percent net interest margin. The contrast leaves operating execution, rather than loan growth alone, as the central market question.

HDFC Bank stock was trading at EUR 20.50 at Lang & Schwarz on October 20, 2026 at 10:04 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of HDB stock.