Mumbai, April 19 (IANS) India’s largest private sector lender HDFC Bank on Saturday posted 6.7 per cent (year-on-year) rise in standalone net profit to Rs 17,616 crore in the fourth quarter pf FY25. On a sequential basis, net profit rose by 5.3 per cent.
However, the bank reported a 9.4 per cent decline in operating profit to Rs 26,537 crore, as compared to Rs 29,274 crore for the same period last year.
Gross non-performing asset (NPA) ratio of the bank went down 1.33 per cent, as compared to 1.42 per cent as on December 31, 2024. The Net NPA ratio of the bank stood at 0.43 per cent in the reporting quarter, as compared to 0.33 per cent in the previous fiscal.
In absolute terms, gross NPAs fell to Rs 35,222.64 crore as of March 31, 2025, as compared to Rs 36,018.58 crore as on December 31, 2024. It rose from Rs 31,173.32 crore as on March 31, 2024.
Net interest income (NII) of HDFC Bank rose to 32,066 crore, reflecting 10.3 per cent growth year-on-year.
The board of HDFC Bank declared dividend of Rs 22 per share for financial year 2024-25. The record date for the dividend is June 27.
The Bank’s average deposits were Rs 25,280 billion for the March quarter, a growth of 15.8 per cent over Rs 21,836 billion for the March 2024 quarter.
The Bank’s average CASA deposits were Rs 8,289 billion for the March quarter, a growth of 5.7 per cent over Rs 7,844 billion for the March 2024 quarter.
As of March 31, 2025, the Bank’s distribution network was at 9,455 branches and 21,139 ATMs across 4,150 cities/ towns as against 8,738 branches and 20,938 ATMs across 4,065 cities/ towns as of March 31, 2024.
HDFC Bank shares went up 1.48 per cent to close at Rs 1,905.8 on NSE on Thursday.
—IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
