HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
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HDFC Bank’s Q1FY14 net profit rises by 30%

Date: 17-07-2013

HDFC Bank has reported results for the quarter ended June 30, 2013

The bank’s net profit for the quarter rose by 30.09% at Rs 1843.86 crore as compared to Rs 1417.39 crore for the quarter ended June 30, 2012. Its total Income has increased by 17.95% to Rs 11588.56 crore for the quarter under review from Rs 9825.17 crore for the corresponding quarter of the previous year.

The bank's gross NPA was unchanged at 1% in the quarter compared to the same period last year. The bank posted Gross NPA of Rs 2,719 crore versus Rs 2,335 on quarter. Net NPA of the bank stood at 0.3% vs 0.2% quarter on quarter (QoQ). Net NPA was at Rs 689 crore against Rs 469 crore Q-o-Q. Capital Adequacy Ratio of the bank (Basel III) was at 15.5%