# HDFC Bank Q2 Results: Profit Rises 5% Under Outgoing CEO

> HDFC Bank's Q2 profit up 5% to ₹19,510 crore as outgoing CEO Jagdishan steps down.
- Title: HDFC Bank Q2 Results: Profit Rises 5% Under Outgoing CEO
- Summary: HDFC Bank's Q2 profit up 5% to ₹19,510 crore as outgoing CEO Jagdishan steps down. HDFC Bank reported 5% higher net profit to ₹19,510 crore and 10% jump in…
- Keywords: hdfc bank, q2 results, net profit, net interest income, jagdishan, ceo, outgoing ceo, fy27, india, banking, money, business
- Source: mint — https://livemint.com/market/stock-market-news/hdfc-bank-q2-results-net-profit-rises-5-to-rs-19-610-crore-nii-jumps-10-in-last-quarter-under-outgoing-ceo-jagdishan-11792226165605.html
- Author: Pranati Deva
- Published: 2026-10-17T08:46:54+00:00
- Read time: 1 min
- Topics: hdfc bank, q2 results, net profit, net interest income, jagdishan, ceo, outgoing ceo, fy27, india, banking, money, business
## Q2 Profit Growth
HDFC Bank reported a 5% year-on-year rise in standalone net profit to ₹19,509.96 crore in Q2 FY27.
## Net Interest Income Jump
Net interest income increased 9.72% to ₹34,619.18 crore, up from ₹31,551.50 crore in Q2 FY26.
## Asset Quality Improvement
Gross non-performing asset ratio declined to 1.11% from 1.17% in the previous quarter.
## Outgoing CEO Transition
Managing director and chief executive officer Sashidhar Jagdishan's tenure ends on October 26, with Anup Bagchi set to replace him.
## Deposit Growth
Total deposits climbed 18.8% year-on-year to ₹33,27,400 crore as of September 30, 2026.
## Capital Adequacy Ratio
Capital adequacy ratio under Basel III stood at 18.9% against 20% a year earlier and 11.9% regulatory requirement.
## Treasury Trading Decline
Treasury trading gains declined to ₹780 crore from ₹2,390 crore in Q2 FY26.
## Stock Price Trend
Shares closed 0.28% higher at ₹728.85 but have declined 26.5% in 2026 compared to Nifty 50's 11.5% fall.
## Key takeaway

HDFC Bank reported 5% higher net profit to ₹19,510 crore and 10% jump in net interest income in Q2 FY27 under outgoing CEO Jagdishan.