HDFC Bank clocks Rs.4.64 bn first quarter profit

By IANS,

Mumbai : The country’s second largest private bank, HDFC Bank, has posted a net profit of Rs.4.64 billion in the first quarter this fiscal, as compared to Rs.3.21 billion in the corresponding period last year.

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Its total income stood at Rs.42.15 billion, as compared to Rs.26.41 billion in the first quarter last year.

In mid-afternoon trade Monday, the HDFC scrip was trading at Rs.1,130 – up Rs.2.85 from its previous close.