HDFC Bank Q1 net up 34 per cent at Rs 321 cr

Private sector lender HDFC Bank on Tuesday posted a 34.23 per cent increase in net profit at Rs 321.23 crore for the quarter ended June 30.

Private sector lender HDFC Bank on Tuesday posted a 34.23 per cent increase in net profit at Rs 321.23 crore for the quarter ended June 30, compared to Rs 239.30 crore for the same quarter last year.

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The total income grew by 47.15 per cent to Rs 2,641.70 crore for the quarter ended June 30 from Rs 1,795.21 crore for the corresponding quarter a year ago, HDFC Bank informed the Bombay Stock Exchange.

Shares of the company were trading at Rs 1,163 at midsession, down 0.44 per cent on BSE.