BusinessPhoto: NDTV BusinessHDFC Bank Q2 Profit Below Estimates, Provisions Rise Slightly
HDFC Bank reported a 4.7% year-on-year rise in consolidated net profit to Rs 19,510 crore in Q2 FY27, below the estimated Rs 19,727 crore. Net interest income grew 10% to Rs 34,619 crore but missed estimates. Asset quality improved with gross NPA ratio easing to 1.11% and net NPA to 0.37%. Provisions increased to Rs 3,574 crore. Advances grew 14.1% to Rs 31.87 lakh crore.
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