HDFC Bank Jan-March Net Profit Rises Over 30% To INR14.53 Billion

Date : 04/18/2012 @ 4:05AM
Source : Dow Jones News
Stock : Hdfc Bank Limited (HDB)
Quote : 100.76  -0.5 (-0.49%) @ 4:19PM
Hdfc Bank share price Chart

HDFC Bank Jan-March Net Profit Rises Over 30% To INR14.53 Billion

Hdfc Bank (NYSE:HDB)
Historical Stock Chart

5 Years : From Feb 2013 to Feb 2018

Click Here for more Hdfc Bank Charts.

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;

Order free Annual Report for HDFC Bank Ltd.

Visit or call +44 (0)208 391 6028

Latest HDB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V:us D:20180217 21:47:39