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HDFC Bank posts 35 pc rise in YoY profit
The Business Guardian
|July 21, 2024
Banking giant HDFC bank posted a standalone net profit of Rs 16,175 crore, climbing 35.3 per cent on a Year-On-Year (YoY) basis in the first quarter of Financial year (FY) 2025, as per the financial statement filed by the company with the stock exchanges on Saturday.
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The lender in the same period last year had reported a net profit of Rs 11952 crore.
However, the net profit in the first quarter of FY 25 has dropped 2 per cent to Rs 16,511.85 crore, as compared to Rs 16512 crore in the fourth quarter of financial year 2024.
This story is from the July 21, 2024 edition of The Business Guardian.
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