INSUBCONTINENT EXCLUSIVE:
HDFC Bank Q1 Earnings: Net profit rose to 16 per cent in April-June quarter
HDFC Bank
Q1 FY22 Results: HDFC Bank, the country's largest private lender, reported a net profit of Rs 7,729.6 crore on a standalone basis, marking
an increase of 16.1 per cent in the April-June quarter from Rs 6,658.6 crore during the same period last year
The bank's total income stood at Rs 36,771 crore, compared to Rs 34,453 crore in the year-ago period
agricultural segment), compared to 1.32 per cent in the preceding March quarter, and 1.36 per cent in the year-ago period.HDFC Bank's net
4,075.3 crore in the corresponding quarter of the previous fiscalHDFC Bank said that business activities remained curtailed for almost
two-thirds of the quarter due to disruptions led by the second wave of the COVID-19 pandemic
quarter stood at Rs 17,53,941 crore, up 13.5 per cent compared to Rs 15,45,103 crore in the corresponding period of the previous fiscal.On
Friday, July 16, shares of HDFC Bank settled 0.08 per cent higher at Rs 1521.70 apiece on the BSE