News > HDFC Bank posts 35% rise in net profit at Rs 16,175 crore for April-June quarter

HDFC Bank posts 35% rise in net profit at Rs 16,175 crore for April-June quarter

20/07/2024 05:42 PM | Click to read full article

HDFC Bank's net profit was lower by 2 per cent sequentially compared to Rs 16,512 crore reported in Q4 FY24. On a consolidated basis, the private sector bank posted Q1 profit at Rs 16,474.85 crore. The interest income of HDFC Bank jumped by 50.3 per cent to Rs 73,033.14 crore during the quarter from Rs 48,586.81 crore in the same quarter of 2023-24. The Bank posted Net Interest Income (NII) at Rs 29,837.1 crore during the quarter.

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