HDFC Bank Q3 FY13 net profit up 30% at Rs 1860 crore

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    HDFC Bank Q3 net profit up 30% at Rs 1860 crore
    HDFC Bank: Quotes, News
    BSE 2093.75BSE Quote7.3 (-0.35%)
    NSE 2095.70NSE Quote5.6 (-0.27%)
    HDFC Bank, the second largest private sector bank in India, has reported 30% rise in its net profit at Rs 1860 crore, in line with expectations.

    HDFC Bank's total income rose to Rs 10,506 crores as against Rs 8,622 crores for the quarter ended December 2011.

    Net revenues rose 23%to Rs 5,597 crores against Rs 4,536 crores for the corresponding quarter of the previous year.

    Gross NPA's were at 1%, against 0.9% quarter on quarter.

    Net interest income of the bank grew by 21.9% to Rs 3,798 crores, while the net interest margin stood at 4.1%

    Recently, HDFC Bank has been named Organisation of the Year at the Skoch Financial Inclusion Awards 2013. HDFC Bank received the award for using technology as a common thread for all its initiatives in micro-credit, micro-savings, micro-insurance, capacity building, financial literacy and Self Help Group (SHG) Linkage.

    Shares of the company were seen trading at Rs 662 lower by 0.73% on BSE at 1.10 pm IST.

    Read more about: hdfc bank
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more