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HDFC Bank Ltd Q2FY25; 9% 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 Q2FY25 of ₹74,017.00 Crores up from ₹67,698.00 Crore year on year, a rise of 9%.

Total Expenses for Q2FY25 of ₹60,794.00 Crores up from ₹55,715.00 Crores year on year, a rise of 9%.

Consolidated Net Profit of ₹16,821.00 Crores up 5% from ₹15,976.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹22.04, up 5.37% from ₹21.07 in the same quarter of the previous year.

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