HDFC Bank Q4 Results: Net Profit Rises 18% To Rs 8,186 Crore On Higher Income

By
vipulpatil40
-
0
21


HDFC Bank Q4 Earnings: Net revenue jumped to 18 per cent in January-March quarter

HDFC Bank Q4FY21 Results: HDFC Bank, the nation’s largest non-public lender, reported a web revenue of Rs 8,186.51 crore on Saturday, April 17, marking an 18.1 rise within the January-March quarter. The financial institution’s whole revenue elevated to Rs 38,017 crore on a standalone foundation, in comparison with Rs 35, 917 crore within the year-ago interval.

HDFC Bank Q4 Results: Here’s All You Need To Know

  1. On a sequential foundation, the standalone web revenue declined 6.5 per cent, in comparison with Rs 8,758 crore reported at the top of the previous October-December quarter in the monetary yr 2020-21, in response to HDFC financial institution. (Also Read: HDFC Bank Q3 Results: Net Profit Jumps 18% To Rs 8,758.3 Crore, Asset Quality Improves )

  2. HDFC Bank’s web curiosity revenue – the distinction between curiosity earned and curiosity expended – grew by 12.6 p.c to Rs 17,120 crore within the fourth quarter, in comparison with Rs 15,204 crore, within the year-ago interval.

  3. On Friday, April 16, shares of HDFC Bank settled 0.12 per cent decrease at Rs 1428.45 apiece on the BSE.



Source hyperlink