HDFC Bank on Saturday reported a 22.30 per cent rise in its consolidated net profit for the September quarter 11,125.21 crores. The bank had reported a consolidated net profit of 9,096.19 crore in the year-ago period.
On a standalone basis, the net profit of the largest private sector bank rose by over 20% 10,605.78 crore as against 8,834.31 crore in the year-ago period and 9,196 crore in the preceding June quarter.
For the quarter under review, its total income increased to 46,182 crore from 38,754 crore in the year-ago period, while expenditure, excluding provisions and contingencies, climbed 28,790 crore from 22,947 crore, the bank said.
The total share of gross non-performing assets rose to 1.23% as against 1.35% in the year-ago period and 1.28% three months ago.
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