HDFC Bank posted Q1 profit after tax of ₹ 190.6 billion, up 5% year over year; profit before tax was ₹ 251.1 billion.
Net revenue fell to ₹ 463.6 billion from a year earlier that included ₹ 91.3 billion in transaction gains from an HDB Financial Services IPO stake sale.
Net interest income rose 6.7% to ₹ 335.3 billion; net interest margin was 3.26% of total assets.
Provisions and contingencies were ₹ 30.6 billion; gross non-performing assets were 1.17% of gross advances, net NPA ratio 0.41%.
Total deposits grew 14.7% to ₹ 31,708 billion; gross advances climbed 15.4% to ₹ 30,608 billion, capital adequacy ratio was 19.6%.
HDB•
