From Google: 2024-10-19 08:01:18

HDFC Bank’s Q2 results show a 5% year-on-year increase in Profit After Tax to Rs 16,821 crore, surpassing Street estimates. With this, the bank saw a rise of 11% in net interest income to Rs 18,731 crore. The operating profit increased by 15.3% to Rs 24,036 crore. Non-performing assets stood at 1.09% of gross advances. Total provisions for the quarter were Rs 4,930 crore. The bank’s deposits increased by 14.6% year-on-year to Rs 14.58 lakh crore, while advances grew by 15.8% to Rs 11.47 lakh crore.



Read more at Google: HDFC Bank Q2 Results Live Updates: PAT rises 5% YoY to Rs 16,821 crore, beats Street estimates – The Economic Times