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HDFC Bank reports 14% rise in Q3 consolidated net profit

18 Jan 2021 Evaluate

HDFC Bank has reported results for third quarter ended December 31, 2020.

The bank has reported 18.09% rise in its net profit of Rs 8,758.29 crore for the quarter under review as against net profit of Rs 7,416.48 crore for the same quarter in the previous year. Total income of the bank increased 4.12% at Rs 37,522.92 crore for Q3FY21 as compared Rs 36,039 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 14.36% rise in its net profit of Rs 8,760.19 crore for the quarter under review as against net profit of Rs 7,659.96 crore for the same quarter in the previous year. Total income of the bank increased by 3.95% at Rs 39,838.73 crore for Q3FY21 as compared Rs 38,325.70 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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