Hdfc Bank (NYSE:HDB)
Historical Stock Chart
5 Years : From Aug 2010 to Aug 2015
India's HDFC Bank Ltd. (500180.BY) Wednesday reported a more than 30% jump in fiscal fourth-quarter net profit, aided by higher interest income and a drop in provisions.
Net profit for the January-March quarter rose to INR14.53 billion from INR11.15 billion a year earlier, the lender said in a filing with stock exchanges.
The market was expecting a net profit of INR14.41 billion, according to a Dow Jones Newswires poll of six analysts.
The bank's interest income rose to INR73.88 billion from INR54.69 billion a year earlier, while its other income--from fees, commissions and foreign-exchange and treasury transactions--increased nearly 19% to INR14.92 billion.
The lender's provisions against bad loans and other contingencies dropped to INR2.98 billion from INR4.31 billion a year earlier.
-By Nupur Acharya; Dow Jones Newswires; +91-22-61456117; email@example.com
Order free Annual Report for HDFC Bank Ltd.
Visit http://djnweurope.ar.wilink.com/?ticker=US40415F1012 or call +44 (0)208 391 6028