HDFC Bank Q3 Results Preview: PAT, NII and key factors to watch

HDFC Bank Q3 Results FY26 Preview: India’s largest private sector bank, HDFC Bank, will announce its financial results for the quarter and nine months ended December 31, 2025, on January 17, 2026. According to Zee Business Research, the bank is expected to deliver a steady performance in the December quarter. Growth is likely to be supported by the retail loan portfolio, while asset quality is seen remaining stable.

HDFC Bank Q3FY26 earnings preview expectations

Net interest income is estimated at Rs 33,320 crore, compared with Rs 30,653 crore in the year-ago quarter. This implies a year-on-year rise of 8.7 per cent.

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Profit after tax is seen at Rs 18,750 crore versus Rs 16,735 crore last year. This reflects a growth of around 12 per cent.

Provisions are expected at Rs 3,540 crore, up from Rs 3,153 crore, a rise of 19.6 per cent year-on-year. Gross NPA is likely to remain flat at 1.2 per cent on a quarter-on-quarter basis. Net NPA is also expected to stay unchanged at 0.4 per cent.

Analysts expect the overall performance to remain healthy. The retail portfolio is likely to support growth. Provisions and slippages are seen as stable. The loan book has shown steady recovery.

Net interest margins have stayed in the range of 3.35 per cent to 3.47 per cent over the last few quarters. Post-merger headwinds are easing gradually. Management commentary on credit growth will be closely watched.

Strong deposit growth is expected to keep cost ratios stable. The bank continues to focus on highly rated customers in the SME and export-oriented segments. Higher focus on digital platforms is likely to improve operational efficiency.

Trading window and earnings call

HDFC Bank said the trading window for its securities has been closed from December 25, 2025. It will remain shut till January 19, both days inclusive. The rule applies to designated employees and their immediate relatives.

The bank will hold an earnings call with analysts and investors at 6 pm IST on Saturday, January 17. Senior management will discuss the results and outlook.

Q2 FY2026 snapshot

In the September quarter, HDFC Bank reported a 10.8 per cent year-on-year rise in standalone profit at Rs 18,641 crore. Net interest income increased 4.8 per cent to Rs 31,552 crore. Provisions rose 30 per cent to Rs 3,501 crore. Gross NPA stood at 1.24 per cent, while net NPA was at 0.42 per cent.

HDFC Bank share price today

HDFC Bank shares were trading at Rs 931.90, up 0.70 per cent. The stock opened at Rs 922 and touched an intraday high of Rs 935.95 and a low of Rs 919.20. The bank’s market capitalisation stood at Rs 14.34 lakh crore. The 52-week high is Rs 1,020.50, while the 52-week low is Rs 812.72.

HDFC Bank share price returns

HDFC Bank shares have been under pressure in recent sessions. The stock has slipped 0.5 per cent over the past five trading sessions on the NSE.

On a one-month basis, the shares are down more than 6 per cent. The six-month performance also remains weak, with the stock falling nearly 7 per cent. On a year-to-date basis, HDFC Bank has declined around 6 per cent.

Over a longer horizon, however, the stock has delivered positive returns. HDFC Bank shares have gained nearly 13 per cent over the past one year.