HDFC Bank's Q4 consolidated net profit rises 15.4% to Rs 7,280 cr

Private sector lender HDFC Bank on Saturday reported a 15.4 per cent rise in consolidated net profit at Rs 7,280.22 crore for the fourth quarter of 2019-20.

The bank had posted a net profit of Rs 6,300.81 crore during the corresponding January-March period of 2018-19.

The consolidated total income during the March quarter of 2019-20 increased to Rs 38,287.17 crore, from Rs 33,260.48 crore a year ago, the bank said in a regulatory filing.

The bank said it will not make any further dividend payouts from profit pertaining to 2019-20, in line with RBI directives announced on Friday.

The central