HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
987.45
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HDFC Bank reports 29% rise in Q1 consolidated net profit

Date: 17-07-2023

HDFC Bank has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The Bank has reported 29.97% rise in its net profit at Rs 11951.77 crore for the quarter under review as compared to Rs 9195.99 crore for the same quarter in the previous year. Total income of the bank increased by 39.12% at Rs 57816.67 crore for Q1FY24 as compared Rs 41560.27 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 28.98% rise in its net profit at Rs 12403.25 crore for the quarter ended June 30, 2023 as compared to Rs 9616.67 crore for the same quarter in the previous year. Total income of the bank increased by 38.05% at Rs 61021.29 crore for Q1FY24 as compared Rs 44202.32 crore for the corresponding quarter previous year.