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HDFC Bank reports Profit after tax of Rs 165118.50 Mln, in the March 2024 quarter

20 Apr 2024 Evaluate
The Turnover for the quarter ended March 2024 of Rs. 714727.50 millions increase by 58.41% from Rs. 451193.60 millions.A comparatively good net profit growth of 37.06% to Rs. 165118.50 millions was reported for the quarter ended March 2024 compared to Rs. 120474.50 millions of previous same quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Interest Earned 714727.50 451193.60 58.41 2583405.60 1615855.50 59.88 2583405.60 1615855.50 59.88
Other Income 181662.50 87311.80 108.06 492409.90 312148.30 57.75 492409.90 312148.30 57.75
Interest Expended 423959.30 217675.30 94.77 1498081.00 747433.10 100.43 1498081.00 747433.10 100.43
Operating Expenses 179688.30 179688.30 33.48 633860.10 476520.90 33.02 633860.10 476520.90 33.02
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 135116.40 26853.70 403.16 234921.40 119196.70 97.09 234921.40 119196.70 97.09
Tax -7492.50 38880.80 -119.27 100830.30 143766.00 -29.86 100830.30 143766.00 -29.86
PAT 165118.50 120474.50 37.06 608122.70 441087.10 37.87 608122.70 441087.10 37.87
Equity 7596.90 5579.70 36.15 7596.90 5579.70 36.15 7596.90 5579.70 36.15
OPM 40.96 41.27 -0.76 36.54 43.57 -16.15 36.54 43.57 -16.15
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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