Diabytes
HDFC Bank net profit News
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The board at its meeting has recommended a dividend of Rs 15.50 per equity share.
HDFC Bank reported a 23 per cent jump in standalone net profit to Rs 10,055.20 crore.
The bank's net profit during the corresponding period of the previous fiscal stood at Rs 8,186.51 crore.
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HDFC Bank Ltd, India`s second-biggest lender by assets, reported fourth-quarter net profit rose 18.3 percent on higher interest and fee income, slightly ahead of estimates.
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Private sector HDFC Bank Tuesday reported its lowest-ever quarterly profit growth at 15 percent at Rs 3,865.3 crore for the December quarter, pulled down by a margin compression following the note-ban and foreign currency deposit redemptions.
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The bank had earned Rs 2,869.5 crore profit in the same quarter of the last financial year.
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HDFC Bank on Thursday reported a 20.15 percent rise in its net profit at Rs 3,238.91 crore for the first quarter ended June 2016.
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Shares of HDFC Bank pared early gains and ended 1.5 percent lower Tuesday amid an overall weakness in the broader market even as the company reported 20.72 per cent growth in net profit for the quarter ended June.
Private lender HDFC Bank today reported 20 percent jump in net profit at Rs 2,794.51 crore for the third quarter ended December 2014 on account of higher interest income.
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