HDFC Bank Q3 Results: PAT rises 34% YoY to Rs 16,373 crore, tops estimates

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Key Points

MUMBAI - HDFC Bank on Tuesday reported a good set of numbers for the December quarter, with the net profit rising nearly 34% year-on-year (YoY) to Rs 16,372.54 crore..

Net interest income (NII), the difference between interest earned and interest expended, rose 24% YoY to Rs 28,471.34 crore..

Gross non-performing assets (GNPA) ratio as of December end, was 1.26%, compared to 1.23% a year ago, and 1.34% a quarter ago..

Net non-performing assets (NNPA) ratio was 0.31% as of December end, compared to 0.33% a year ago, and 0.35% a quarter ago...

Operating expenses for the quarter stood at Rs 15,961 crore, compared to Rs 12,464 crore a year ago..

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