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HDFC Bank reports 14% rise in Q1 consolidated net profit

19 Jul 2021 Evaluate

HDFC Bank has reported results for first quarter ended June 30, 2021.

The bank has reported 16.08% rise in its net profit of Rs 7729.64 crore for the quarter under review as against net profit of Rs 6658.62 crore for the same quarter in the previous year. Total income of the bank increased 6.73% at Rs 36771.47 crore for Q1FY22 as compared Rs 34453.28 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 14.36% rise in its net profit of Rs 7922.09 crore for the quarter under review as against net profit of Rs 6927.24 crore for the same quarter in the previous year. Total income of the bank increased by 6.09% at Rs 38933.63 crore for Q1FY22 as compared Rs 36698.59 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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