HDFC Bank Limited (HDB) Q1 2026 Earnings Report

In Q1 2026, HDFC Bank Limited reported a revenue of INR 1,330.55 billion, reflecting a year-on-year growth of 13.73%, driven by a solid 8% increase in assets under management. Despite the positive trajectory in revenue, the bank experienced a slight decline in net income by 1.32%, attributed to elevated provisioning and operating costs. The bank's credit deposit ratio improved to 95%, positioning it favorably for future growth as it aims to align with market expectations. Management emphasized the importance of customer-centric initiatives and technological advancements as key enablers of growth. The positive macroeconomic indicators, including stable inflation and supportive fiscal policies, underpin the bank's confidence in achieving sustained growth moving forward.