HDFC Bank recommends Rs 22 per share dividend for FY25; record date set for June 27

HDFC Bank’s Board of Directors, in its meeting held today, recommended a dividend of ₹22 per equity share of face value ₹1 each for the financial year ended March 31, 2025, reflecting a 2,200% payout. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).

In an official exchange filing, the bank also announced that the record date for dividend eligibility is set as Friday, June 27, 2025. Only those shareholders whose names appear on the bank’s register of members as on the record date will be entitled to receive the dividend upon approval.

The recommendation comes alongside the release of HDFC Bank’s audited financial results for Q4FY25 and the full year. The bank reported a net profit of ₹17,616 crore, registering a 6.69% year-on-year growth, and a 10.3% rise in net interest income (NII), underlining its consistent financial performance post its merger with HDFC Ltd.

The financials were reviewed and approved by the Board during its meeting that commenced at 11:00 a.m. on April 19, with the dividend declaration finalized at 1:10 p.m., as disclosed by Company Secretary Ajay Giridharilal Agarwal.

Disclaimer: The dividend is subject to shareholder approval at the AGM. Investors are advised to consult official notifications or their financial advisors to confirm eligibility.

News desk at BusinessUpturn.com

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