HDFC Bank on Friday reported 25.1 per cent jump in net profit to Rs. 2,325.70 crore for the third quarter ended December 2013-14 fiscal.
It had posted net profit of Rs. 1,859.07 crore for the October-December period in 2012-13.
HDFC’s net interest income in Q3, 2013-14 was up 16.4 per cent at Rs. 4,634.8 crore, from Rs. 3,981.6 crore in the year-ago period.
The non-interest income increased by 31.7 per cent to Rs. 2,148.3 crore, HDFC Bank said in a statement.
The net interest margin of the bank declined marginally to 4.2 per cent as against 4.3 per cent.
The bank’s total Q3 income moved up to Rs. 12,739 crore, from Rs. 10,818.13 crore year-ago period, it said.
For the first three quarters of 2013-14, the bank clocked nearly 27 per cent rise in net profit to Rs. 6,151.9 crore, compared to Rs. 4,836.44 crore in the 9 months of 2012-13.
The bank reported a total income of Rs. 36,265.2 crore in the first nine months of the current fiscal, compared to Rs. 30,790.0 crore in the previous financial year.
