HDFC Bank Reports 9% Increase in Q4 Net Profit, Announces Dividend
HDFC Bank Q4 Results: Net profit rises 9% to Rs 19,221 crore; announces Rs 13 dividend for FY26
The Economic Times
Image: The Economic Times
HDFC Bank, India's leading private lender, reported a net profit of ₹19,221 crore for the March quarter, a 9% increase from the previous year. The bank also announced a final dividend of ₹13 per equity share for FY26, bringing the total dividend for the year to ₹15.50.
- 01HDFC Bank's net profit rose to ₹19,221 crore in Q4, up 9% year-on-year.
- 02Interest income decreased by 1.1% to ₹76,610 crore compared to the same quarter last year.
- 03The bank proposed a final dividend of ₹13 per equity share for FY26.
- 04Total dividend for FY26 now stands at ₹15.50 per equity share.
- 05The record date for dividend eligibility is set for June 19, 2026.
Advertisement
In-Article Ad
HDFC Bank, a major private lender in India, announced a 9% increase in its net profit for the March quarter, reaching ₹19,221 crore, up from ₹17,616 crore in the same period last year. Despite this growth, the bank reported a slight decline in interest income, which fell by 1.1% to ₹76,610 crore compared to ₹77,460 crore in the previous year. The Board of Directors has recommended a final dividend of ₹13 per equity share for the financial year ending March 31, 2026, pending shareholder approval. This brings the total dividend for FY26 to ₹15.50 per share. The record date for determining eligible shareholders for this dividend is set for June 19, 2026.
Advertisement
In-Article Ad
The increase in net profit and the dividend announcement may positively affect shareholder sentiment and provide additional income for investors.
Advertisement
In-Article Ad
Reader Poll
Do you think HDFC Bank's dividend announcement will attract more investors?
Connecting to poll...
More about HDFC Bank
Read the original article
Visit the source for the complete story.