HDFC Bank Net Profit Rises 17.5% To Rs 8,834 Crore In July-September Quarter

HDFC Bank Net Profit Rises 17.5% To Rs 8,834 Crore In September Quarter

HDFC Bank Q2 Earnings: Net revenue rose to 17.5 per cent within the September quarter

HDFC Bank Q2 FY22 Results: HDFC Bank, the nation's largest personal lender, reported a web revenue of Rs 8,834.3 crore on a standalone foundation, marking a rise of 17.58 per cent within the July-September quarter from Rs 7,513.1 crore throughout the identical interval final 12 months. The financial institution's complete revenue stood at Rs 38,754 crore, in comparison with Rs 36,069 crore within the year-ago interval.

HDFC Bank Q2 Results: Here's All You Need To Know

On a sequential foundation, the financial institution's standalone web revenue elevated 14.29 per cent, in comparison with Rs 7,729 crore reported at the tip of the previous April-June quarter in the monetary 12 months 2020-21. (Also Read: HDFC Bank Net Profit Rises 16% To Rs 7,729 Crore In 1st Quarter Of Current Fiscal )
The financial institution's gross non-performing asset (NPA) stood at 1.35 per cent of the gross advances (1.2 per cent excluding NPAs within the agricultural phase), in comparison with 1.47 per cent within the previous June quarter, and 1.37 per cent within the year-ago interval.