HDFC net rises to Rs30.53 crore in Q1
15 Jul 2009
The country's second largest private sector lender HDFC Bank on Tuesday reported a 30.53 per cent increase in net profit at Rs606.11 crore for the first quarter ended 30 June.
The private lender had a net profit of Rs464.35 crore in the first quarter of the fiscal year, HDFC Bank said in a filing to the Bombay Stock Exchange.
The total income of the bank rose 22 per cent to Rs5,136.75 crore during the first quarter of the year from Rs4,215.15 crore in the corresponding period a year ago.
During the quarter the bank's interest income rose 13 per cent to Rs4,093.10 crore and interest expenditure stood at Rs2,237.52, up 18 per cent from the year-ago period at the end of 30 June.
As of June quarter, the bank had a total of 1,416 branches and 3,382 ATM centres.