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HDFC Bank reports 23% rise in Q4 net profit

Mumbai : HDFC Bank has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 22.63% in its net profit at Rs 5,885.12 crore for the quarter under review as compared to Rs 4,799.28 crore for the same quarter in the previous year. Total income of the company increased by 22.13% at Rs 31,204.46 crore for Q4FY19 as compared Rs 25,549.66 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 20.54% in its net profit at Rs 21,078.14 crore as compared to Rs 17,486.75 crore for the previous year. Total income of the company increased by 22.14% at Rs 116,597.92 crore for year under review as compared to Rs 95,461.66 crore for year ended March 31, 2018.