HDFC Bank Q1FY23 Quarter Results

HDFC Bank’s net revenues grew 13.5% YoY
  • 18 Jul 2022
  • HDFC Bank’s net revenues (net interest income plus other income) grew by 13.5% quarter-on-quarter (QoQ) during the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a tad growth of 0.6%.
  • Its expenses for the quarter were up by 5.6% QoQ and 20.9% YoY.
  • The bank’s net profit was down 8.3% QoQ and up by 20.9% YoY.
  • The bank’s capital adequacy ratio (CAR) stood at 17.5% in June 2022 quarter.
  • Net non-performing assets (NPAs) were at 0.35% of net advances as of June 2022.
  • The earnings per share (EPS) of HDFC Bank stood at 17.3 during Q1FY23.

HDFC Bank’s financial statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income38,933.643,960.544,202.30.6%13.5%
Total Expenses22,925.426,240.127,713.35.6%20.9%
Provisions & contingencies5,366.34,030.63,665.7-9.1%-31.7%
Profit before tax10,641.913,689.912,823.3-6.3%20.5%
Tax2,701.63,215.03,206.6-0.3%18.7%
Profit after tax7,922.110,443.09,579.1-8.3%20.9%
Earnings per share14.418.817.3

Data Source: BSE, Company announcements

Want to keep a tab on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Open Demat Account
or Resume your Application
+91 -

personImage