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HDFC Bank reports 23% jump in Q4 net profit

22 Apr 2014 Evaluate

HDFC Bank has reported results for fourth quarter and year ended March 31, 2014.

The bank has reported a rise of 23.11% in its net profit at Rs 2326.52 crore for the quarter ended March 31, 2014 as compared to Rs 1889.84 crore for the same quarter in the previous year. Total income of the bank has increased by 14.94% at Rs 12789.98 crore for quarter under review as compared to Rs 11127.54 crore for the quarter ended March 31, 2013.

For the full year ended March 31, 2014, the bank has reported a rise of 26.05% in its net profit at Rs 8478.40 crore as compared to Rs 6726.28 crore for FY13. Total income has increased by 17.03% at Rs 49055.18 crore for year under review as compared to Rs 41917.49 crore for the year ended March 31, 2013.

For the year ended March 31, 2014, on the consolidated basis, the group has posted a rise of 27.28% in its net profit at Rs 8743.49 crore as compared to Rs 6869.64 crore for the same period in the previous year. Total income of the bank has increased by 18.28% at Rs 50852.52 crore for year under review as compared to Rs 42993.99 crore for the period ended March 31, 2013.

HDFC Bank Share Price

795.40 -4.50 (-0.56%)
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Peers
Company Name CMP
HDFC Bank 795.40
ICICI Bank 1356.00
Axis Bank 1353.65
Kotak Mahindra Bank 379.20
Indusind Bank 852.10
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