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HDFC Bank Q1 FY27 preview points to profit growth despite flat NIM
Brokerage estimates call for net profit of ₹19,226 crore, up 5.9% year over year, as net interest income rises about 8.5% to roughly ₹34,110 crore.
HDFC Bank is set to report its first-quarter results for FY27 on 18 July 2026, and analysts expect a mixed quarter shaped by stable net interest margin and steady asset quality. LiveMint Markets notes the bank’s net profit is forecast to increase while NIM is expected to remain largely flat sequentially.
According to estimates cited by LiveMint Markets, HDFC Bank’s net profit for the April to June period is expected to reach ₹19,226 crore, up 5.9% from ₹18,155 crore a year earlier. Net interest income is estimated to grow 8.5% year over year to about ₹34,110 crore from ₹31,438 crore.
LiveMint Markets also expects margin stability amid interest reversals tied to seasonal pressure in the agriculture segment, even as cost ratios may be supported by operating leverage. Pre-provisions operating profit (PPOP) is seen falling 20% year over year to around ₹28,623 crore from ₹35,734 crore.
On asset quality and provisions, estimates tracked by LiveMint Markets project gross non-performing assets to improve to 1.1% from 1.2% quarter over quarter, with net NPA steady at 0.4% sequentially. The brokerage expects slippages to rise marginally, while provisions may be lower year over year due to one-time floating and contingency provisions.