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HDFC Bank reports 22% rise in Q1 consolidated net profit

20 Jul 2020 Evaluate

HDFC Bank has reported results for first quarter ended June 30, 2020.

The bank has reported 19.58% rise in its net profit of Rs 6658.62 crore for the quarter under review as against Rs 5568.16 crore for the same quarter in the previous year. Total income of the bank increased by 6.46% at Rs 34453.28 crore for Q1FY21 as compared Rs 32361.84 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 22.04% rise in its net profit at Rs 6927.24 crore for the quarter under review as against Rs 5676.06 crore for the same quarter in the previous year. Total income of the bank increased by 6.92% at Rs 36698.59 crore for Q1FY21 as compared Rs 34324.45 crore for the corresponding quarter previous year.

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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