HDFC Bank reports Profit after tax of Rs 163725.40 Mln, in the December 2023 quarter
Date: 16-01-2024
The turnover is pegged at Rs. 705826.10 millions for the December 2023 quarter. The mentioned figure indicates a rise of about 65.27% as against Rs. 427077.70 millions during the year-ago period.A comparatively good net profit growth of 33.55% to Rs. 163725.40 millions was reported for the quarter ended December 2023 compared to Rs. 122594.90 millions of previous same quarter.
| | Quarter ended | Year to Date | Year ended |
| | 202312 | 202212 | % Var | 202312 | 202212 | % Var | 202303 | 202203 | % Var |
| Interest Earned | 705826.10 | 427077.70 | 65.27 | 1868678.10 | 1164661.90 | 60.45 | 1615855.50 | 1277531.10 | 26.48 |
| Other Income | 111370.40 | 84998.40 | 31.03 | 310747.40 | 224836.50 | 38.21 | 312148.30 | 295099.00 | 5.78 |
| Interest Expended | 421112.70 | 197199.40 | 113.55 | 1074121.70 | 529757.80 | 102.76 | 747433.10 | 557435.40 | 34.08 |
| Operating Expenses | 159610.80 | 159610.80 | 28.06 | 454171.80 | 341899.80 | 32.84 | 476520.90 | 374421.90 | 27.27 |
| Operating Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Prov.& Contigencies | 42166.40 | 28064.40 | 50.25 | 99805.00 | 92343.00 | 8.08 | 119196.70 | 150618.30 | -20.86 |
| Tax | 30581.20 | 39581.40 | -22.74 | 108322.80 | 104885.20 | 3.28 | 143766.00 | 120541.20 | 19.27 |
| PAT | 163725.40 | 122594.90 | 33.55 | 443004.20 | 320612.60 | 38.17 | 441087.10 | 369613.30 | 19.34 |
| Equity | 7592.50 | 5576.80 | 36.14 | 7592.50 | 5576.80 | 36.14 | 5579.70 | 5545.50 | 0.62 |
| OPM | 33.50 | 44.54 | -24.79 | 34.84 | 44.46 | -21.63 | 82.45 | 82.00 | 0.55 |