HDFC Bank shares traded 0.62% lower at ₹707.60 on the NSE on Wednesday afternoon, October 21, 2026, extending their post-results decline despite higher quarterly earnings. The bank reported standalone profit after tax of ₹195.1 billion for the quarter ended September 30, up 4.7% from a year earlier.
Key Takeaways
- The stock extended its decline after a 3% fall on Monday, October 19.
- Net interest income rose 9.7%, while profit growth excluding treasury trading gains was approximately 12.6%.
- Deposits grew faster than advances, and the gross non-performing asset ratio edged lower.
Table of Contents
- HDFC Bank shares extend their post-results decline
- Interest income grows faster than headline profit
- Deposit growth outpaces lending as asset quality improves
- Conclusion
HDFC Bank shares extend their post-results decline
Wednesday’s quotation was an intraday price, not a closing level. The decline followed the bank’s results release on Saturday, October 17, and Monday’s sharper selloff.
The stock had lost nearly 30% over the preceding year and more than 28% since the start of 2026. It remained well below its 52-week high of ₹1,020.50.
The price movement contrasted with growth in earnings and lending. The supplied figures do not establish a single reason for the decline or provide an analyst consensus against which to measure the results.
| Item | Details |
|---|---|
| Net revenue | ₹484.5 billion, versus ₹459.0 billion a year earlier |
| Cost-to-income ratio | 39.1% |
| Provisions | ₹35.7 billion |
| Total credit cost ratio | 0.44% |
| Basel III capital adequacy ratio | 18.9% |
Interest income grows faster than headline profit
Net interest income increased 9.7% year over year to ₹346.2 billion in the second quarter of fiscal 2027. Net interest margin stood at 3.16% on total assets.
Excluding treasury trading gains, standalone profit growth was approximately 12.6%, compared with the headline increase of 4.7%. That distinction shows why the reported bottom-line growth rate alone does not capture the earnings performance excluding those gains.
HDFC Bank’s September 2026 consolidated results filing records board approval on October 17 and a limited review by the bank’s joint statutory auditors. Those group-level disclosures are distinct from the standalone earnings figures discussed here.
Deposit growth outpaces lending as asset quality improves
Total deposits increased 18.8% year over year to ₹33,274 billion, while gross advances rose 16.3% to ₹32,195 billion. Deposits therefore expanded 2.5 percentage points faster than lending.
The gross non-performing asset ratio declined to 1.11% of gross advances from 1.17% in the previous quarter, an improvement of six basis points. The bank’s total balance sheet reached ₹45,778 billion.
The quarter combined double-digit balance-sheet growth with a modest improvement in the reported bad-loan ratio. Other operating and capital measures are summarized below.
Conclusion
HDFC Bank’s September-quarter results showed higher income, faster deposit growth and a lower gross bad-loan ratio, but shares continued to retreat. Subsequent trading will show whether the post-results decline persists; the October 21 quotation was not the session’s closing price.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
