Categories: Business

HDFC Bank Q1 Net income jumped 14.36% to RS 7,922 Crore

Mumbai: The largest private sector lender in the country HDFC Bank on Saturday reported 14.36 percent growth in consolidated net profit at Rs 7,922.09 Crore.
Bank headquartered Mumbai has posted a consolidated net income of Rs 6,927.24 Crore in the quarter in accordance last year.
The June quarter earnings have declined when compared to the previous RS 8,433.78 Crore Quarter March, according to the submission of the Bank Regulation.
His net profit with the Mandiri base reached Rs 7,729.64 Crore in the June 2021 quarter, against Rs 6,658.62 Crore in the last year and the previous March quarter of Rs 8,186.51 Crore.
Bank’s total income increased to RS 36,771 Crore in April-June 2021, compared with RS 34,453 Crore in the last year period.
It reported an increase in the gross non-performance asset ratio to 1.47 percent on June 30, 2021 by opposing 1.36 percent in the period last year and 1.32 percent three months ago.

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