HDFC Bank Q3 Results: Profit jumps 18% YoY to Rs 10,342 cr on strong revenues
HDFC Bank on Saturday reported a net profit of Rs 10,342.2 crore in October-December quarter; registering an increase of 18 per cent year-on-year as strong growth in the private lender’s net revenues boosted its bottom line.
Net interest income for the quarter under review grew by 13 per cent to Rs 18,443.5 crore, up from Rs 16,317.6 crore a year ago.
The results were broadly in line with market expectations, which had pegged the on-year growth in net profit at 12-18 per cent ..
HDFC Bank on Saturday reported a net profit of Rs 10,342.2 crore in October-December quarter; registering an increase of 18 per cent year-on-year as strong growth in the private lender’s net revenues boosted its bottom line.
Net interest income for the quarter under review grew by 13 per cent to Rs 18,443.5 crore, up from Rs 16,317.6 crore a year ago.
The results were broadly in line with market expectations, which had pegged the on-year growth in net profit at 12-18 per cent ..