Business »  Topic »  HDFC Bank reports Q3 net profit rises 33% on-year to Rs 7,416.5 crore, beats street estimates; key figures

HDFC Bank reports Q3 net profit rises 33% on-year to Rs 7,416.5 crore, beats street estimates; key figures


The gross NPA for December quarter came in at 1.42 per cent and net NPA was recorded at 0.48 per cent.

HDFC Bank on Saturday reported 33 per cent rise in Q3FY20 net profit to Rs 7,416.5 crore, beating street estimates. A CNBC-TV18 poll had estimated profit at Rs 7,033.2 crore. The net interest income (NII) came in line at Rs 14, 172.9 crore driven by growth in advances and deposits, HDFC Bank said in the statement. The interest margin for the quarter remained stable at 4.2 per cent. The gross NPA ...


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