HDFC Bank, on Wednesday, announced a dividend of Rs. 4.30 per share of Rs. 2 face value for the year ended March 31, 2012, as against Rs. 3.30 in the previous financial year.
The bank posted a net profit of Rs.1,453 crore for the quarter ended March 31, 2012, up 30.4 per cent as compared to Rs.1,115 crore in the quarter ended March 31, 2011.
Total income increased by 32 per cent to Rs. 8,880 crore from Rs. 6,724 crore in the year-ago period.
The net profit was up by 31.6 per cent at Rs. 5,167 crore for the year ended March 31, 2012, against Rs. 3,926 crore in the previous year.
Total income has risen sharply to Rs. 32,530 crore from Rs. 24,263 crore in the previous financial year.
PTI reports:
The bank's consolidated net profit increased by 31.4 per cent to Rs. 5,247 crore in 2011-12. Its total balance sheet size increased by 21.8 per cent to Rs. 3,37,909 crore from Rs. 2,77,353 crore as of March 31, 2011, recording a growth of 22.2 per cent. Gross advances were Rs. 1,95,420 crore while total deposits grew by 18.3 per cent at Rs. 2,46,706 crore.
The capital adequacy ratio stood at 16.5 per cent at the end of 2011-12 as against 16.2 per cent as of March 31, 2011.
Gross non-performing asset (NPA) as a proportion of advances declined to one per cent from 1.1 per cent in the previous fiscal.
Net NPA, however, remained stable at 0.2 per cent during the year.
