HDFC Bank Q1 Profit Beats Nomura Estimates While HUL Slumps

HDFC Bank announced its Q1 FY27 results on July 18, 2026, reporting a standalone net profit increase of approximately 5% year-on-year to ₹19,060 crore. The bank's net interest income grew by approximately 7% year-on-year to ₹33,534 crore, alongside a gross non-performing assets ratio of approximately 1.17%. While the net profit surpassed Nomura's estimate of ₹18,780 crore, it fell short of Kotak Institutional Equities' forecast of ₹19,691 crore.

In broader corporate developments, Hindustan Unilever's shares plunged nearly 7% on July 28, 2026, after quarterly earnings fell short of market expectations, reporting an approximately 3% year-on-year decline in profit to approximately ₹2,673 crore. Similarly, Coal India saw its stock decline by more than approximately 4% as its quarterly profit missed analyst expectations, reflecting consumer demand slowdowns and margin squeezes.

The Securities and Exchange Board of India proposed new rules on July 29, 2026, to lower the minimum investment threshold for mutual fund-only Portfolio Management Services from ₹50 lakh to ₹25 lakh. Market participants are advised to track upcoming corporate earnings calendar updates and regulatory compliance deadlines for the next major catalyst by August 10, 2026.