HDFC Bank Q2 net profit up 25% at Rs 6,638 crore

By: |
Published: October 19, 2019 6:46:08 PM

Its consolidated total income increased to Rs 36,130.96 crore in the July-September period, over Rs 30,124.49 crore a year ago.

HDFC Bank Q2 result, HDFC Bank Q2 net profit, BSE, latest news on HDFC bankIt had reported a consolidated net profit of Rs 5,322.41 crore in the corresponding period a year ago, the bank said in a filing to the BSE.

HDFC Bank on Saturday posted a 24.7 per cent rise in consolidated net profit at Rs 6,638.03 crore for the quarter ended September 30, 2019. It had reported a consolidated net profit of Rs 5,322.41 crore in the corresponding period a year ago, the bank said in a filing to the BSE. Its consolidated total income increased to Rs 36,130.96 crore in the July-September period, over Rs 30,124.49 crore a year ago.

Total balance sheet size as of September 30, 2019 stood at Rs 13,25,072 crore as against Rs 11,69,898 crore a year earlier. Its total deposits as of September 30, 2019 reported at Rs 1,021,615 crore, an increase of 22.6 per cent over September 30, 2018.

The bank’s distribution network comprised 5,314 banking outlets and 13,514 ATMs across 2,768 cities/towns at the end of September 2019, against 4,825 banking outlets and 13,018 ATMs across 2,718 cities/towns a year ago, the lender said in a statement.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1Strategic sale buzz: BHEL gains 27.5% in intra-day trade
2Analyst corner | Maintain ‘buy’ on PVR, target price Rs 2,100
3Analyst corner | Maintain ‘neutral’ on TVS Motor, target price Rs 434