HDFC Bank reported 20 per cent year-on-year rise in net profit figures at Rs 3374.22 crore for the quarter ended March 2016. The bank had posted a net profit of Rs 2806.91 crore in the same quarter a year ago.
Total Income of HDFC Bank jumped 21 per cent yoy to Rs 18,862.61 crore.
HDFC Bank announced a dividend of Rs 9.20 per equity share, or 475 per cent, on face value of Rs 2 for the financial year ended March 31, 2016.
On the asset quality front, the bank’s gross non-performing assets (NPAs) were 0.94 per cent of gross advances as of March 31, 2016, a tad higher than 0.93 per cent in the same period a year ago.
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