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HDFC Bank Ltd Q1FY25; 39% rise in Profits

HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India’s largest private sector bank by assets and the world’s tenth-largest bank by market capitalization as of May 2024. As of April 2024, HDFC Bank has a market capitalization of $145 billion, making it the third-largest company on the Indian stock exchanges.

Financial Results:

HDFC Bank Ltd reported Revenues for Q1FY25 of ₹81,546.00 Crores up from ₹51,168.00 Crore year on year, a rise of 59.37%.

Total Expenses for Q1FY25 of ₹94,270.00 Crores up from ₹44,425.00 Crores year on year, a rise of 112.2%.

Consolidated Net Profit of ₹17,188.00 Crores up 38.58% from ₹12,403.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.65, down 2.12% from ₹22.12 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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