The total dividend for FY26 stands at Rs 15.50 per equity share with the record date to determine eligible shareholders for the dividend has been set as Friday, June 19, 2026., Economy, Times Now

HDFC Bank Announces Dividend of Rs 13 Per Share, Profit Surges by 9% to Rs 19,221 crore

HDFC Bank announces dividend of Rs 13 per share

The Board of Directors of HDFC Bank has recommended a final dividend of Rs 13.00 per equity share of face value Re 1 for the year ended March 31, 2026, subject to shareholder approval.

The Private Sector lender has reported a net profit of Rs 19,221 crore in the March quarter, marking an increase of 9% from Rs 17,616 crore reported in the corresponding quarter of the previous financial year.

The total dividend for FY26 stands at Rs 15.50 per equity share with the record date to determine eligible shareholders for the dividend has been set as Friday, June 19, 2026.

Bank's quarterly results are coming after the resignation of part-time chairman and independent director Atanu Chakraborty, who cited differences on 'values and ethics' with the management.

HDFC Bank's Net Interest Income (NII) in Q4FY26 increased 3.8% to Rs 33,281.5 crore from ₹32,066 crore, YoY while the bank’s provisions during the March quarter dropped to Rs 2,609.57 crore from Rs 2,837.86 crore QoQ and from Rs 3,193,05 crore, YoY.

The gross NPA (GNPA) ratio improved to 1.15% in Q4 FY26 from 1.24% in Q3 FY26 while the net NPA (NNPA) ratio eased to 0.38% from 0.42% in the previous quarter.

HDFC Bank's GNPA fell to Rs 34,061.2 crore in the fourth quarter from Rs 35,179 crore in the previous quarter.

HDFC Bank, has witnessed a sell-off of nearly Rs 35,000 crore worth of shares from the foreign investors during the March 2026 quarter, and the bank's shares fell 26.2 percent during the quarter. This is the steepest decline witnessed by the bank since March 2020, when the stock dropped over 33 percent. The development comes amid the unexpected high-profile resignation by the bank's Chairman Atanu Chakraborty.

In March, HDFC Bank's part-time chairman and independent director Atanu Chakraborty resigned from his position citing concerns over “certain happenings and practices” at the bank that he said were not aligned with his personal values and ethics.

Get Latest News Live on Times Now along with Breaking News and Top Headlines from Business, Economy and around the World.