NEW DELHI: Largest non-public sector lender HDFC Financial institution on Tuesday reported a 34 per cent bounce in its standalone web revenue to Rs 16,373 crore for the third quarter ended December 2023.
The financial institution had earned a web revenue of Rs 12,259 crore within the corresponding quarter of the earlier fiscal yr.
Its complete earnings on a standalone foundation rose to Rs 81,720 crore within the October-December quarter of FY24 in opposition to Rs 51,208 crore within the year-ago interval, HDFC Financial institution mentioned in a regulatory submitting.
On a consolidated foundation, the financial institution’s revenue elevated 39 per cent to Rs 17,718 crore from Rs 12,735 crore.
The consolidated complete earnings rose to Rs 1,15,015 crore from Rs 54,123 crore on the finish of the identical quarter the earlier yr.
On the asset high quality aspect, the financial institution witnessed a marginal enhance in gross non-performing belongings (NPAs) to 1.26 per cent of the gross loans by the tip of December 2023 from 1.23 per cent a yr in the past.
Nevertheless, its web NPAs got here right down to 0.31 per cent from 0.33 per cent on the finish of the third quarter of the earlier fiscal.
The financial institution had earned a web revenue of Rs 12,259 crore within the corresponding quarter of the earlier fiscal yr.
Its complete earnings on a standalone foundation rose to Rs 81,720 crore within the October-December quarter of FY24 in opposition to Rs 51,208 crore within the year-ago interval, HDFC Financial institution mentioned in a regulatory submitting.
On a consolidated foundation, the financial institution’s revenue elevated 39 per cent to Rs 17,718 crore from Rs 12,735 crore.
The consolidated complete earnings rose to Rs 1,15,015 crore from Rs 54,123 crore on the finish of the identical quarter the earlier yr.
On the asset high quality aspect, the financial institution witnessed a marginal enhance in gross non-performing belongings (NPAs) to 1.26 per cent of the gross loans by the tip of December 2023 from 1.23 per cent a yr in the past.
Nevertheless, its web NPAs got here right down to 0.31 per cent from 0.33 per cent on the finish of the third quarter of the earlier fiscal.
