HDFC Bank delivered a strong Q4 FY25 with a 38% (YoY) jump in net profit, steady loan growth, and solid asset quality. NII growth was a bit muted, but overall performance shows the bank is successfully navigating the post-merger landscape while maintaining its core strengths.

The Bank posted a net profit of Rs.17,622 crore, driven by core income growth and cost efficiencies and this was on a NII of Rs.29,080 crore, up 9.5%, which were a bit below market expectations but still very healthy considering the high base post its merger.

Its loan book rose 55% due to merger and organic growth was 14–15%. Its asset quality remains one of the best, with Gross NPA at 1.24% v/s 1.26% and Net NPA rose a bit from 0.33% v/s 0.31%.

The stock price hit a life time high today at Rs.1950 and though it has come off this high, it continues to trade in the green at Rs.1928 levels.