Tuesday, December 6, 2022
HomeBusinessHDFC Bank made 19 percent profit in the first quarter, know how...

HDFC Bank made 19 percent profit in the first quarter, know how much the company’s income increased?

HDFC Bank Q1 Result: HDFC Bank has released the June quarter results. The bank has given information about this on Saturday. The company’s net profit grew 20.91 per cent to Rs 9,579.11 crore in the June quarter.

How much profit increased?
The net profit of the largest private sector lender rose to Rs 9,195.99 crore on a standalone basis from Rs 7,729.64 crore in the year-ago period in the period under review. However, this figure is lower than the March quarter net profit of Rs 10,055.18 crore.

How much was the income of the bank?
The total income of the bank on a standalone basis stood at Rs 41,560 crore as compared to Rs 36,771 crore in the same period a year ago.

stock market information
The bank told the stock exchange that its total expenditure increased from Rs 21,634 crore to Rs 26,192 crore during this period. The bank said that the total provisioning amount for the quarter under review has come down to Rs 3,187.73 crore from Rs 4,830.84 crore in the year-ago period.

How much did the company’s stock increase?
Talking about the share of HDFC Bank, after trading on Friday, it closed at the level of 1,364.00 with a gain of Rs 12.95. At the same time, the company’s stock has gained 5.76 percent in the last one month. Apart from this, the stock of the company has given a return of 60.18 percent to the investors in the last 5 years.

- Advertisement -

- Advertisment -

- Advertisment -spot_imgspot_imgspot_img


Two Wheeler


Digit News