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HDFC Bank Ltd.
BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
931.15
5.15 (0.56%) HDFC Bank reports 31% jump in Q1 net profit
Date: 13-07-2012The country’s second largest private sector lender HDFC Bank has reported results for first quarter ended June 30, 2012.
The bank has registered a jump of 30.64% in its net profit at Rs 1417.39 crore for the quarter under review as compared to Rs 1084.98 crore for the same quarter in the previous year. Total income of the bank has increased by 34.36% at Rs 9536.91 crore for Q1FY13 as compared Rs 7098.00 crore for the corresponding quarter previous year.
Gross non-performing assets (NPAs) improved too 0.97% in the April-June quarter as against 1.04% in the same quarter previous year while net NPAs remained unchanged at 0.2% Y-o-Y.