HDFC Bank Q3 net up

Chennai, Jan 25 (IANS) Private sector HDFC Bank Ltd. on Monday said it closed the third quarter with around 20 percent growth in its net profit.

In a statement, the bank said it posted a net profit of Rs.3,356.84 crore for the quarter ended December 31, 2015, up from Rs.2,794.51 crore posted for the quarter ended December 31, 2014.

According to HDFC Bank, the total income for the period under review stood at Rs.18,283.31 crore, up from Rs.14,930.74 crore for the quarter ended December 31, 2014.

As on December 31, 2015, in quantum terms the bank’s gross and net non-perfoming assets went up to Rs.4,255.20 crore and Rs.1.260.60 crore respectively from Rs.3,467.91 crore and Rs.903.66 crore as on December 31, 2014.

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