HDFC Bank Shares: At 11:06 am, the shares were trading lower by 2.36 percent on BSEHDFC Bank shares have actually shaved off more than 2 per cent in a weak market after the nation's biggest personal lender reported net earnings of Rs 8,186.51 crore in the March quarter, on Saturday, marking a boost of 18.2 percent from Rs 6,927.69 crore during the same duration in 2015.
At 11:06 am, the shares of HDFC Bank were trading at Rs 1,349.50, lower by 2.36 percent on the BSE.The bank's total income increased to Rs 38,017 crore on a standalone basis, compared to Rs 35,917 crore in the year-ago duration.
The bank earned a total income of Rs 1,46,063.1 crore by the year ended March 31, 2021.
On a consecutive basis, HDFC Bank's standalone net profit decreased 6.5 percent in the quarter ended March 2021, compared to Rs 8,758 crore at the end of the preceding October-December quarter.The bank's net interest income - the difference between interest earned and interest used up - grew by 12.6 percent to Rs 17,120 crore in the fourth quarter, compared to Rs 15,204 crore in the year-ago period.The BSE Sensex was at 47,776.06, weaker by 1052.55 points or 2.16 percent and the NSE Nifty was at 14,308.55, down 308.25 points or 2.09 per cent.