HDFC Bank Q2 FY11 Results : Net rises 32.65%

by khalid on 20/10/2010 · 0 comments

HDFC Bank Limited has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 32.652% to Rs 912.74 crore in comparison to the Rs 687.5 crore of Q2 (ending Sep 09) of previous year(FY10). HDFC Bank is the second largest private sector bank in India. There were strong demand for loans last quarter so the results are good.

The bank informed the share market(BSE) that the net income increased 29.15% to Rs 2,526.70 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 1,955.8 crore.

Share’s Data :-
BSE Code : 500180
Mkt. Cap: Rs 109,432.66 Crores
HDFC Bank Limited share’s CMP is Rs 2,365.60 on 19th Oct 2010

Source : BelltheBull

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