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HDFC Bank Q1 net profit jumps 14.36 Per Cent to Rs 7,922 Crore

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The country's largest private sector lender HDFC Bank on Saturday reported a 14.36 per cent growth in its consolidated net profit at Rs 7,922.09 crore.

 

The city-headquartered bank had posted a consolidated net profit of Rs 6,927.24 crore in the corresponding quarter a year ago. The June quarter profit has declined when compared with the preceding March quarter's Rs 8,433.78 crore, as per bank's regulatory filings.

HDFC Bank Q1 net profit jumps 14.36 Per Cent to Rs 7,922 Crore

Its net profit on a standalone basis stood at Rs 7,729.64 crore in the June 2021 quarter, as against Rs 6,658.62 crore in the year-ago period and the preceding March quarter's Rs 8,186.51 crore. The bank's total income increased to Rs 36,771 crore in April-June 2021, as compared to Rs 34,453 crore in the year-ago period.

It reported an increase in the gross non-performing assets ratio to 1.47 per cent as of June 30, 2021 as against 1.36 per cent in the year-ago period and 1.32 per cent three months ago.

(PTI)

Read more about: hdfc bank hdfc
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