HDFC Bank HDB 2026Q2 Earnings Preview Upside Risk Amid Strong NII Growth

Forward-Looking Analysis
Analysts project HDFC Bank’s net interest income for 2026Q2 to range between ₹37,587.51 crore and ₹38,436.78 crore, indicating a growth of 1.68% to 2.77% year-over-year. This suggests a healthy expansion in the bank’s core earnings driver. While EPS estimates remain unavailable, last quarter’s EPS of $0.398 slightly missed the $0.408 market expectation. No major analyst upgrades or downgrades have been reported, and revenue forecasts are not publicly accessible at this time. The earnings call on October 18 will be critical in revealing how the bank is managing cost and credit risks amid a high-interest-rate environment.

Historical Performance Review
In 2026Q1, HDFC Bank reported a net income of $170.90 billion, with an EPS of $21.23. While revenue figures were not disclosed, the strong net profit highlights the bank’s resilience and efficient cost management amid macroeconomic headwinds. This performance laid a solid foundation for the upcoming quarter.

Additional News
HDFC Bank confirmed on October 13, 2025, that it would host an earnings call on October 18 to discuss its Q2 2025/26 financial results. The bank will release its unaudited standalone and consolidated results ahead of the market open on October 17. This is in line with its previous earnings schedule. No new product launches, M&A activities, or CEO announcements were disclosed in the provided news. The focus remains on delivering consistent performance amid a challenging macroeconomic backdrop.

Summary & Outlook
HDFC Bank remains in a strong financial position, with robust net income and improving net interest income trends. The projected 1.68% to 2.77% growth in NII points to a positive earnings outlook, assuming stable credit quality and cost discipline. However, the absence of revenue figures and EPS guidance introduces some uncertainty. The bank’s ability to maintain profitability in a high-rate environment will be a key determinant of future performance. Overall, the outlook is cautiously bullish, with upside potential if the bank outperforms expectations in loan growth and asset quality.