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HDFC Bank reports 20% jump in Q3 net profit

19 Jan 2018 Evaluate

HDFC Bank has reported results for third quarter ended December 31, 2017.

The Bank has reported 20.11% rise in its net profit at Rs 4642.60 crore for the quarter under review as compared to Rs 3865.33 crore for the same quarter in the previous year. Total income of the Bank increased by 17.84% at Rs 24450.44 crore for Q3FY18 as compared Rs 20748.27 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 1.29%, as compared to 1.05% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.44% in Q3FY18.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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