HDFC & ICICI Financial institution report robust earnings with file income in Q1

MUMBAI: HDFC Financial institution and ICICI Financial institution reported robust earnings progress for the quarter ended June 2025, supported by an increase in each curiosity and non-interest earnings. Nevertheless, each lenders flagged margin pressures and adopted a cautious stance in sure retail segments. HDFC Financial institution declared a 1:1 bonus concern and an interim dividend of Rs 5 per share. The financial institution’s standalone internet revenue rose 12.2% year-on-year to a file Rs 18,155 crore, up from Rs 16,175 crore within the year-ago quarter. The rise was pushed by a 103.7% soar in different earnings and a decrease tax outgo, at the same time as provisions rose fourfold. Whole earnings grew 18.5% to Rs 99,200 crore, supported by a 6.1% rise in curiosity earnings. Earnings from investments rose 20.1%, whereas earnings from balances with RBI and interbank funds surged 41.7%. As of June-end, ad- vances stood at Rs 27.8 lakh crore, up 8%, whereas deposits rose 16% to Rs 27.6 lakh crore. ICICI Financial institution posted a 15.4% year-on-year progress in standalone internet revenue to Rs 12,768 crore, in contrast with Rs 11,059 crore a 12 months earlier. Revenue progress was backed by a ten.1% rise in curiosity earnings and a 21.5% enhance in different earnings. Working revenue rose 17% to Rs 18,746 crore, whereas provisions grew 36.2% to Rs 1,815 crore. Advances rose 11.5% to Rs 13.6 lakh crore, and deposits elevated 12.8% to Rs 16 lakh crore. The board additionally accredited acquisition of ICICI Prudential Pension Funds Administration Firm for Rs 203.5 crore, making it an entirely owned subsidiary, pending regulatory approvals. HDFC Financial institution CFO Srinivasan Vaidyanathan mentioned mortgage progress is anticipated to match the business in FY26 and enhance by FY27, led by consumption-driven lending. Mortgages grew 7%, and total retail lending rose 9.6%. ICICI’s ED Sandeep Batra mentioned private mortgage and bank card progress slowed to 1% as a consequence of calibrated danger administration however asset high quality remained secure.