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