HDFC Bank to consider special interim dividend July 19

HDFC Bank to consider special interim dividend July 19

HDFC Bank has announced its intention to consider a special interim dividend on July 19, 2025. The decision comes following the bank's strong financial performance in the first quarter of the fiscal year 2025-26. The bank is expected to declare its financial results for the quarter ended June 30, 2025, during its board meeting on July 19, 2025. The interim dividend is a reflection of the bank's robust financial health and its commitment to rewarding shareholders [2].

HDFC Bank's first quarter net profit is expected to be Rs 16,422.2 crore, representing a 1.5% year-on-year increase, according to brokerage house Prabhudas Lilladher [3]. The bank's net interest income is projected to grow by 5.3% year-on-year, reaching Rs 31,430.6 crore. Pre-provision operating profit (PPOP) is anticipated to rise by 4.2% year-on-year, amounting to Rs 24,897 crore [3].

The bank's Managing Director and Chief Executive Officer, Sashidhar Jagdishan, has expressed confidence in the bank's ability to grow its advances on par with the industry in the current financial year and exceed it next year. He highlighted the bank's success in maintaining pristine asset quality and achieving healthy growth while navigating the merger [1, 2]. The bank has taken steps to improve its balance sheet by reducing the credit-to-deposit ratio to 96% and lowering the percentage of high-cost borrowings to 14% [1, 2].

HDFC Bank has also enhanced its information security posture through strategic and technology-driven initiatives aimed at strengthening its resilience against evolving cyber threats [1, 2]. The bank's 31st Annual General Meeting is scheduled for August 8, 2025, where stakeholders will have the opportunity to discuss the report and the bank's future prospects [1].

The bank's deposit growth has been remarkable, growing 2.5 times faster than its loans in FY25. This helped bring down the credit-to-deposit ratio to 96% from around 110% at the time of the merger [5]. The bank's digital transformation and expansion plans are expected to drive further growth, with loan growth anticipated to accelerate from FY27 [5].

References:
[1] https://www.moneycontrol.com/news/business/earnings/hdfc-bank-q1-net-profit-seen-up-1-5-yoy-to-rs-16-422-2-cr-prabhudas-lilladher-13280528.html
[2] https://www.financialexpress.com/business/industry-hdfc-bank-deposits-surge-in-fy25-loan-growth-likely-to-pick-up-from-fy27-3913874/
[3] https://www.livemint.com/market/stock-market-news/hdfc-bank-sets-board-meeting-date-to-declare-annual-report-for-fy25-details-here-11752473291304.html
[4] https://www.moneycontrol.com/news/business/earnings/hdfc-bank-q1-net-profit-seen-up-1-5-yoy-to-rs-16-422-2-cr-prabhudas-lilladher-13280528.html
[5] https://www.financialexpress.com/business/industry-hdfc-bank-deposits-surge-in-fy25-loan-growth-likely-to-pick-up-from-fy27-3913874/