Skip to main content

HDFC Bank Q1 PAT up 30.5% to Rs 606 cr

HDFC Bank has posted a net profit of Rs 606.11 crore for the quarter ended June 30, 2009 as compared to Rs 464.35 crore for the quarter ended June 30, 2008.

Total Income has increased from Rs 4215.15 crore for the quarter ended June 30, 2008 to Rs 5136.75 crore for the quarter ended June 30, 2009.

Its Q1 net interest income was up 7.66% from Rs 1723.47 crore to Rs 1855.5 crore, YoY.

The company’s other income was up 75.76% from Rs 593.2 crore to Rs 1043 crore, YoY.

Its Q1 provisions are up 91.24% from Rs 344.47 crore to Rs 658.82 crore, YoY.

HDFC Bank Q1 loans grew 7.7% to Rs 1.05 lakh crore

ParticularsJun-09Mar-09Dec-08Sep-08
Interest Earned / Operating Income4093.14250.834468.53991.21
Interest on Advance3017.753097.173337.963060.77
Income on Investment1033.441126.391028.21896.65
Interest on Balances35.5126.49100.5232.99
Others Interests6.40.781.810.8
Other Income1043.651114.69939.39643.11
Total Income5136.755365.525407.894634.32
Interest Expended-2237.52-2398.83-2489.25-2124.76
Operating Expenses-1380.58-1396.17-1460.56-1386.71
Payment/Provisions for Employees-559.34-503.85-582.14-611.63
Total Expenditure for Banks-3618.1-3795-3949.81-3511.47
Profit before Tax1518.651570.521458.081122.85
Tax-253.72-282.23-304.55-248.84
Provisions and Contingencies-658.82-657.41-531.79-346.03
Net Profit606.11630.88621.74527.98

Labels:

Comments

Post a Comment

Popular posts from this blog

Jyoti Structures bags Rs 253 cr worth orders

Jyoti Structures on Tuesday said it has bagged two orders worth Rs 253 crore from Uganda Electricity Transmission Company Ltd and Eskom Enterprises (Pty) Ltd for construction of transmission lines. The company has bagged Rs 160-crore order from Uganda Electricity Transmission Company Ltd for construction of transmission lines and sub-stations. Besides, the company's joint venture company Jyoti Structures Africa (Pty) Ltd has bagged a contract for Eskom Enterprises (Pty) Ltd, the electricity utility of South Africa for construction of transmission line. The scope of the order from Uganda Electricity Transmission Company includes supply and erection of Bujagali Interconnection Project, the manufacturer of transmission line towers informed the Bombay Stock Exchange. The contract valued at around $39.64 million (Rs 160 crore) is to be executed in 24 months, the company said, adding the company would construct 220 kV and 132 kV transmission lines and substations.
Post a Comment
Read more

Company News

ITI Ltd seeks Rs2,000 crore aid from government (Live mint.com 26th Dec 2007) The funds are being sought to wipe out accumulated losses of Rs2,225 crore and to obtain working capital for telecom equipment manufacturing. According to a company official who did not wish to be named, a committee has been set up by the Centre to finalize the package. More
Post a Comment
Read more

Inflation hits 42-week high of 7.57%

Inflation rose to a 42-week high of 7.57 per cent in the 12 months to April 19, higher than the previous week’s annual rise of 7.33 per cent, largely on account of an increase in food, metal products and industrial fuel prices, official data showed. Analysts said that the inflation of 7.57 per cent was “slightly higher” than their expectations and this could be due to price increase in tea and certain items in the steel group. India’s wholesale price index (WPI) based inflation now stood highest since November 13, 2004, when it was 7.68 per cent. Economists expressed confidence that the recent fiscal and monetary measures would yield results in the coming weeks. They, however, noted that inflation was unlikely to return to the comfort zone of the Reserve Bank of India any time this fiscal. “There could be some easing of food inflation given the good wheat production and likelihood of good monsoon. I see some temporary relief on food side. But commodities are tough to predict. The infla...
Post a Comment
Read more