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HDFC Bank reports 20% rise in Q4 net profit

23 Apr 2016 Evaluate

HDFC Bank has reported result for the fourth quarter and year ended March 31, 2016.

The bank has posted a rise of 20.21% in its net profit at Rs 3374.22 crore for the quarter ended March 31, 2016 as compared to Rs 2806.91 crore for the same quarter in the previous year. Total income of the bank has increased by 21.15% at Rs 18862.61 crore for quarter under review as compared to Rs 15570.13 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the bank has reported a jump of 20.36% in its net profit at Rs 12296.23 crore as compared to Rs 10215.92 crore for the same period in the previous year. Total income of the bank has surged by 23.50% at Rs 70973.17 crore for year under review as compared to Rs 57466.25 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the bank has posted rise of 19.76% in its net profit at Rs 12801.33 crore as compared to Rs 10688.89crore for the same period in the previous year. Total income of bank has increased by 23.52% at Rs 74373.22 crore for year under review as compared to Rs 60212.18 crore for the period ended March 31, 2015.

HDFC Bank Share Price

771.25 -9.95 (-1.27%)
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Peers
Company Name CMP
HDFC Bank 771.25
ICICI Bank 1273.80
Axis Bank 1278.10
Kotak Mahindra Bank 385.20
Indusind Bank 925.80
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