• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

HDFC Bank Posts 35% Rise In Net Profit At Rs 16,175 Crore For April-June Quarter

OMMCOM NEWS by OMMCOM NEWS
July 20, 2024
in Business

New Delhi: HDFC Bank on Saturday reported a 35 per cent increase in net profit to Rs 16,175 crore for the April-June quarter of the current financial year from Rs 11,952 crore in the same period of 2023-24.

However, the net profit was lower by 2 per cent sequentially compared to Rs 16,512 crore reported in Q4 FY24.

On a consolidated basis, the private sector bank posted Q1 profit at Rs 16,474.85 crore.

The interest income of HDFC Bank jumped by 50.3 per cent to Rs 73,033.14 crore during the quarter from Rs 48,586.81 crore in the same quarter of 2023-24.

The Bank posted Net Interest Income (NII) at Rs 29,837.1 crore during the quarter.

However, the gross non-performing assets (NPA) ratio of the bank increased to 1.33 per cent of total loans as of June 30, as compared to 1.24 per cent in the previous quarter and 1.17 per cent in the year-ago period, reflecting a decline in asset quality.

Similarly, the net NPA ratio rose to 0.39 per cent as of June 30, as compared to 0.33 per cent as of March 31, and 0.30 per cent as of June 30, 2023.

(IANS)

Tags: HDFC Bank
ShareTweetSendSharePinShareSend
Previous Post

India Bloc Organises ‘Aakrosh March’ In Patna

Next Post

India’s Rich History, Vibrant Culture Highlighted At Korea International Fair

Related Posts

Business

GCCs Will Catapult India As A Leader In Innovation And Job Creation: Sitharaman

September 17, 2025
Business

SEBI Plans To Allow Banks, Insurers, Pension Funds, Fpis In Commodity Derivatives

September 17, 2025
Business

India To Remain World’s Fastest-Growing Major Economy Despite Global Uncertainty

September 17, 2025
Stock Market
Business

Stock Market Continues Positive Momentum Ahead Of Fed Rate Cut, Bank Stocks Jump

September 17, 2025
Economy
Business

India’s Domestic Consumption, GST Reforms Cushion US Tariff Impact: Report

September 17, 2025
Business

Govt Bond Yields May Dip 10 Bps By November Amid Stable Inflation, Oil Prices

September 17, 2025
Next Post

India's Rich History, Vibrant Culture Highlighted At Korea International Fair

15 Injured In Train Collision In Romania

Paris Olympics: 'The Mood Is Certainly Upbeat', Gagan Narang On Indian Contingent

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.