India's largest lender, HDFC Bank Ltd. has recommended a dividend of Rs 22 per share for fiscal 2025, even as the bank's operating profit fell on the back of higher other income and a rise in certain expenses.The board nod for the dividend is subject to shareholders' approval, the bank said in an exchange notification on Saturday.
"The record date for determining the eligibility of members entitled to receive the dividend is Friday, June 27, 2025," the notification added.For the fourth quarter, HDFC Bank reported a 9% year-on-year fall in operating profit to Rs 26,537 crore. The bank's other income fell by 34% over the same period, to Rs 12,027 crore, and expenses rose by over 4%, to Rs 60,364 crore.
Lower provisions and improvement in asset quality helped HDFC Bank to report nearly a 7% year-on-year rise in net profit to Rs 17,616 crore. The bank's bottom line stood at Rs 17,616 crore, surpassing a consensus of estimates from analysts polled by Bloomberg, which saw a net profit of around Rs 16,908 crore.The bank's net interest income rose 10% in the year to Rs 32,066 crore.
The private sector bank's asset quality improved, with the gross non-performing assets ratio at 1.33% as of March 31, compared to 1.42% in the previous quarter.
The net NPA ratio fell to 0.43% from 0.46% in the prior quarter.
HDFC Bank Q4 Results: Operating Profit Down By 9% Led By Lower Other Income . Read more on Earnings by NDTV Profit..
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HDFC Bank Recommends Dividend Of Rs 22 Per Share For FY25
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Record date for determining eligibility of shareholders is set at June 27, 2025.