HDFC Bank Q2 net up 6%, aims to grow faster than system in FY26

On a standalone basis, the lender's post-tax net grew to Rs 16,820.97 crore during reporting period

HDFC Bank on Saturday reported a 6 per cent increase in September quarter net profit to Rs 17,825.91 crore on a consolidated basis.

On a standalone basis, the largest private sector lender's post-tax net grew to Rs 16,820.97 crore during the reporting period, as against Rs 15,976.11 crore in the year-ago period.

Its core net interest income grew 10 per cent to Rs 30,010 crore on the back of a 7 per cent increase in gross advances and the margins being stable at 3.46 per cent. The bank, which had guided towards doubling in size in four years recently, is operating as per market dynamics right now, its Chief Financial Officer S Vaidyanathan told reporters here on a call.