HDFC Bank Q2 Net Profit Rises 4.7% to Rs 19,510 Crore
HDFC Bank reported second-quarter FY27 net profit of Rs 19,510 crore, up 4.7% year on year and broadly in line with expectations. Net interest income rose 9.7% to Rs 34,619.2 crore, slightly missing estimates.
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08:48:29 AM UTC
SquawkNews
By Ashwin ManikandanIndia's largest private-sector lender, HDFC Bank NSE:HDFCBANK, reported a second-quarter profit on Saturday that narrowly missed analyst expectations, as weaker treasury income and higher provisions for bad loans offset strong lending growth.The results come days before a leader…
HDFC Bank said Saturday that net profit for the second quarter of FY27 increased 4.7 percent year on year to Rs 19,510 crore, broadly in line with market expectations. Net interest income (NII) advanced 9.7 percent to Rs 34,619.2 crore, slightly below estimates.