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HDFC Bank reports Profit after tax of Rs 119517.70 Mln, in the June 2023 quarter

17 Jul 2023 Evaluate
The sales figure stood at Rs. 485868.10 millions for the June 2023 quarter. The mentioned figure indicates a growth of about 38.14% as compared to Rs. 351720.40 millions during the year-ago period.Net Profit recorded in the quarter ended June 2023 rise to 29.97% to Rs. 119517.70  millions  compared to R. 91959.90 millions in corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 485868.10 351720.40 38.14 485868.10 351720.40 38.14 1615855.50 1277531.10 26.48
Other Income 92298.60 63882.30 44.48 92298.60 63882.30 44.48 312148.30 295099.00 5.78
Interest Expended 249877.40 156906.20 59.25 249877.40 156906.20 59.25 747433.10 557435.40 34.08
Operating Expenses 140569.10 140569.10 33.85 140569.10 105018.10 33.85 476520.90 374421.90 27.27
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 28600.30 31877.30 -10.28 28600.30 31877.30 -10.28 119196.70 150618.30 -20.86
Tax 39602.20 29841.20 32.71 39602.20 29841.20 32.71 143766.00 120541.20 19.27
PAT 119517.70 91959.90 29.97 119517.70 91959.90 29.97 441087.10 369613.30 19.34
Equity 5591.80 5554.60 0.67 5591.80 5554.60 0.67 5579.70 5545.50 0.62
OPM 38.64 43.69 -11.57 38.64 43.69 -11.57 43.57 50.16 -13.13
Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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