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HDFC Bank Q4 net up 18 per cent to Rs 3,990 crore; NPA provisioning rises

Total income during the fourth quarter rose to Rs 21,560 crore

Press Trust of India  |  New Delhi 

HDFC Bank branch office in Mumbai
HDFC Bank branch office in Mumbai

on Friday reported an 18.2 per cent growth in net profit at Rs 3,990 crore for the March quarter.

The country's second largest lender had posted a net profit of Rs 3,374 crore in the January-March period of 2015-16 fiscal.


loans provisioning rose sharply during the quarter to Rs 1,261 crore, up from Rs 662 crore in the January-March period of 2015-16, it said in a filing.

Total income during the fourth quarter rose to Rs 21,560 crore, up from Rs 18,862 crore in the same quarter of the previous fiscal.

For full 2016-17 fiscal, reported a net profit of Rs 14,549 crore, a growth of 18.3 per cent over the previous financial year.

Gross (NPA) of the bank as a percentage of total advances rose to 1.05 per cent during the March quarter, from 0.94 per cent in the same quarter of 2015 -16 fiscal.

Shares of were trading at Rs 1,468.75, up 0.47 per cent over their previous close on the

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