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HDFC Bank Q4 net profit rises 20.7% YoY

On Thursday the HDFC Bank Ltd has reported a net profit of Rs 2807 crore, up 20.7% YoY for the quarter ended March 31. In the year ago period the bank had reported a net profit of Rs 2326 crore.

The total income has increased from Rs 12789.98 crores for the quarter ended March 31, 2014 to Rs 15570.13 crore for the quarter ended March 31, 2015.

The net interest income increased to Rs 6,013 crore for the quarter ended March 31, as compared to Rs 4,953 crore of the last fiscal. The pre provision profit rose by 24.90% YoY.

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