HDFC Bank consolidated profit rises 18% to ₹9,096 crore in second quarter

The total consolidated income during the quarter under review rose to ₹41,436.36 crore from ₹38,438.47 crore in July-September 2020, HDFC Bank said in a statement.

Published on: Oct 16, 2021, 16:48:07 IST

PTI | Posted by Sharangee Dutta, Hindustan Times, New Delhi

Prefer HTon Google

Share via

Copy link

HDFC Bank on Saturday reported an 18 per cent increase in its consolidated net profit at ₹9,096 crore for the second quarter ended September 2021.

The HDFC bank had earned a net profit ₹7,513.1 crore on standalone basis in the same quarter a year ago, the statement said.

The country's biggest private sector lender had posted a consolidated net profit of ₹7,703 crore in the corresponding quarter a year ago.

The total consolidated income during the quarter under review rose to ₹41,436.36 crore from ₹38,438.47 crore in July-September 2020, HDFC Bank said in a statement.

On a standalone basis, after providing ₹3,048.3 crore for taxation, it earned a net profit of ₹8,834.3 crore, an increase of 17.6 per cent over the quarter ended September 30, 2020.

The bank had earned a net profit ₹7,513.1 crore on standalone basis in the same quarter a year ago, the statement said.

Total income (standalone) grew to ₹38,754.16 crore in the second quarter of FY2022 from ₹36,069.42 crore in the year-ago quarter.

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.