Private lender HDFC Bank on Saturday posted a 19.58 per cent year-on-year rise in net profit at Rs 6,658.62 crore for the quarter ended June 30. The figure stood at Rs 5,568.16 crore in the corresponding quarter last year.
Net interest income of the lender grew 17.80 per cent YoY to Rs 15,665.40 crore in Q1FY21, driven by growth in advances of 20.9 per cent, and a growth in deposits of 24.6 per cent.
Provision and contingencies increased 48.89 per cent YoY and 2.82 per cent QoQ (Quarter on Quarter) to Rs 3,891.52 crore during the quarter under review.
Net interest income of the lender grew 17.80 per cent YoY to Rs 15,665.40 crore in Q1FY21, driven by growth in advances of 20.9 per cent, and a growth in deposits of 24.6 per cent.
Provision and contingencies increased 48.89 per cent YoY and 2.82 per cent QoQ (Quarter on Quarter) to Rs 3,891.52 crore during the quarter under review.
HDFC Bank Q1 - FY 2020-21 Results Snapshot
(Source : HDFC Bank Website)
HDFC Bank Q1 - FY 2020-21 - Domestic Retail Advances
(Source : HDFC Bank Website)
HDFC Bank Stock - Past 1 year.
(Source : www.screener.in)
HDFC Bank Stock - Past 5 year.
(Source : www.screener.in)
- To listen to the HDFC Bank Q1- FY 2020-21 results conference call (listen here )
- Previous HDFC Bank Reports ( Read Here )
(Source : , www.hdfcbank.com )
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