Private lender HDFC BankNSE 0.13 % on Saturday reported an 18.17 per cent year-on-year (YoY) growth in net profit at Rs 4,601.44 crore for the quarter ended June.
The largest private lender by market cap had posted a net profit of Rs 3,893.84 crore in the same quarter last year.
An earlier ETNow poll had pegged net profit at Rs 4,710 crore.
Net interest income (NII) jumped 15.40 per cent to Rs 10,813.57 crore in Q1 FY19, from Rs 9,370.74 crore a year ago.
Asset quality remained stable during the quarter under review.
Ratio of gross non-performing assets (NPAs) stood at 1.33 per cent for April-June against 1.30 per cent in the March quarter. Percentage of net NPAs read 0.41 per cent against 0.40 per cent on a QoQ basis.
Provisions and contingencies jumped to Rs 1,629.37 crore in the said quarter, from Rs 1,541,10 crore in January-March. In the previous year, the figure stood at Rs 1,558.60 crore.
Total balance sheet as of June 30 was Rs 10,80,409 crore compared with Rs 8,95,653 crore last year.
Total balance sheet as of June 30 was Rs 10,80,409 crore compared with Rs 8,95,653 crore last year.
Get more details here:-
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
0 comments:
Post a Comment