The lender's provisions rose to ₹3,784.5 crore as against ₹3,043.6 crore in the previous quarter and ₹1,889 crore in the year-ago period Private lender HDFC Bank on Saturday reported 17.7% rise in standalone net profit in the quarter ending 31 March, 2020.
The net profit for the fourth quarter was ₹6,928 crore as against ₹5,885 crore in the year-ago period, the lender said in its stock exchange filing.
The lender's provisions rose to ₹3,784.5 crore as against ₹3,043.6 crore in the previous quarter and ₹1,889 crore in the year-ago period.
HDFC Bank reported 15.4% rise in Q4 consolidated net profit at ₹7,280.22 cr, up from ₹6,300.81 crore a year ago. Consolidated total income in Q4FY20 rose to ₹38,287 crore, from ₹33,260.48 crore a year ago.