Friday, 17 January 2014

HDFC Bank reports 25% jump in Q3 net profit

HDFC Bank has reported results for third quarter ended December 31, 2013.

The bank has reported 25.10% jump in its net profit at Rs 2325.70 crore for the quarter as compared to Rs 1859.07 crore for the same quarter in the previous year. Total income of the bank has increased by 17.75% at Rs 12738.95 crore for quarter under review as compared to Rs 10818.13 crore for the quarter ended December 31, 2012.

The bank’s gross NPA for the December 31, 2013 quarter of the current fiscal stood unchanged at 1.00% as compared to same quarter of the previous year. Besides, bank’s Net NPA stood at 0.30% as compared to 0.20% in the same quarter of the previous year.

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