Agencies
MUMBAI, July 20: HDFC Bank’s consolidated net profit grew 33.17 per cent to Rs 16,474.85 crore in the June 2024 quarter.
The bank had posted a post-tax net profit of Rs 12,370 crore on a consolidated basis in the year-ago period, it said in a regulatory filing.
On a standalone level, its June quarter net profit rose to Rs 16,174 crore from Rs 11,951 crore in the year-ago period but was down from the preceding March quarter’s 16,511 crore. The bank’s total income increased to Rs 83,701 crore from Rs 57,816 crore a year ago. Its provisioning was reduced to Rs 2,602 crore from Rs 2,860 crore a year earlier.
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