HDFC Bank posted a 12.2% rise in net profit to ₹18,155 crore, up from ₹16,175 crore last year.
Its net interest income (NII) grew by 5.4% to ₹31,440 crore.
Other income doubled to ₹21,730 crore, boosting overall revenue.
HDFC announced a 1:1 bonus issue and ₹5/share interim dividend.
However, provisions rose 5x to ₹14,440 crore, mainly as a preca
ution.
ICICI Bank reported a 15.5% jump in profit to ₹12,768 crore vs ₹11,05
9 crore last year.
Its NII rose 10.6% to ₹21,635 crore, and loans grew by 12%.
ICICI’s gross NPA improved to 1.67%, with provisions rising
36% to ₹1,815 crore.
Both banks warned of margin pressure due to RBI's 100 bps rate cut in 2025.
Despite challenges, both posted strong profits, solid growth, and investor-
friendly payouts.