{"id":131808,"date":"2022-07-29T03:36:18","date_gmt":"2022-07-29T07:36:18","guid":{"rendered":"https:\/\/44.250.171.167\/?p=131808"},"modified":"2023-04-25T08:45:06","modified_gmt":"2023-04-25T12:45:06","slug":"hdfc-bank-limiteds-21-growth-in-profits-due-to-provisions-and-contingencies","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hdfc-bank-limiteds-21-growth-in-profits-due-to-provisions-and-contingencies\/","title":{"rendered":"HDFC Bank Limited\u2019s 21% growth in Profits due to Provisions and Contingencies"},"content":{"rendered":"\n<p>Total Income for Q1 FY23 has increased by 14% YoY to \u20b944,20,232 lakhs. Profits rose by 21% YoY to \u20b99,57,911 lakhs. Total Expenditure grew by 21% YoY for Q1 FY 2023.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG-841x1024.jpg\" alt=\"\" class=\"wp-image-131810\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG-841x1024.jpg 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG-246x300.jpg 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG-768x935.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG-1261x1536.jpg 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/Q1FY23-HDFCBANK-IG.jpg 1280w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>Return on Average Assets grew to 0.46% from 0.45% a year ago. In this quarter\u2019s&nbsp;<a href=\"https:\/\/www.hdfcbank.com\/content\/api\/contentstream-id\/723fb80a-2dde-42a3-9793-7ae1be57c87f\/b6982ee3-4e81-460d-878f-3695f56f5766?\" target=\"_blank\" rel=\"noreferrer noopener\">results<\/a>, it is clearly visible that provisions and contingencies are the major drivers of growth in profitabilty. Provisions and Contigencies decrease by 32% YoY is the reason as to why there is an 3% jump in Operating Profits but a 21% jump in Profits.<\/p>\n\n\n\n<p>To further read this quarter\u2019s research sheet, check out this&nbsp;<a href=\"https:\/\/44.250.171.167\/hdfc-bank-limited-q1-fy-23-research-tear-sheet\/\" target=\"_blank\" rel=\"noreferrer noopener\">link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total Income for Q1 FY23 has increased by 14% YoY to \u20b944,20,232 lakhs. Profits rose by 21% YoY to \u20b99,57,911 lakhs. Total Expenditure grew by 21% YoY for Q1 FY 2023. Return on Average Assets grew to 0.46% from 0.45% a year ago. In this quarter\u2019s&nbsp;results, it is clearly visible that provisions and contingencies are [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1,6350],"tags":[10097,10089],"class_list":["post-131808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","category-trending-stocks","tag-financial-service","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":134965,"url":"https:\/\/alphastreet.com\/india\/hdfc-bank-limiteds-22-growth-in-profits-due-to-provisions-and-contingencies\/","url_meta":{"origin":131808,"position":0},"title":"HDFC Bank Limited\u2019s 22% growth in Profits due to Provisions and Contingencies","author":"Karan_Singh","date":"October 20, 2022","format":false,"excerpt":"HDFC Bank Ltd.'s Total Income for Q2 FY23 has increased by 19% YoY to \u20b949,18,210 lakhs. Profits rose by 22% YoY to \u20b911,12,521 lakhs. Total Expenditure grew by 25% YoY for Q2 FY 2023. Return on Average Assets grew to 0.51% from 0.50% a year ago. In this quarter\u2019s\u00a0results, it\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":131606,"url":"https:\/\/alphastreet.com\/india\/icici-bank-limiteds-55-growth-in-profits-due-to-provisions-and-contingencies\/","url_meta":{"origin":131808,"position":1},"title":"ICICI Bank Limited&#8217;s 55% growth in Profits due to Provisions and Contingencies","author":"Karan_Singh","date":"July 25, 2022","format":false,"excerpt":"Total Income for Q1 FY23 has increased by 11% YoY to \u20b939,218.33 crores. Profit After Tax rose by 55% YoY to \u20b97,384 crores. Total Expenditure grew by 8.32% YoY for Q1 FY 2023. Yield on total earning assets fell to 7.19% from 7.25% a year ago. Return on Average Equity\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131306,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q1fy23-reports-an-80-growth-in-profits\/","url_meta":{"origin":131808,"position":2},"title":"ICICI Lombard General Insurance Co Ltd. for Q1FY23 reports an 80% growth in Profits","author":"Karan_Singh","date":"July 19, 2022","format":false,"excerpt":"Total Income for Q1 FY23 has increased by 4% YoY to \u20b93,97,829 lakhs. Profit After Tax rose by 80% YoY to \u20b934,903 lakhs. Income from Premiums grew by 10% YoY but Income from Investments fell by 27% YoY for Q1 FY 2023. Combined Ratio fell to 104.1% from 123.5% a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135003,"url":"https:\/\/alphastreet.com\/india\/axis-bank-ltd-q2fy23-remarkable-70-growth-in-profits\/","url_meta":{"origin":131808,"position":3},"title":"Axis Bank Ltd. Q2FY23; Remarkable 70% Growth in Profits","author":"Karan_Singh","date":"October 20, 2022","format":false,"excerpt":"Axis Bank Ltd\u2018s Net Interest Income for Q2 FY23 has increased by 31% YoY to \u20b9 10,360 crores. Net Profit rose by 70% YoY to \u20b9 5,330 crores. Operating Profit grew by 30% YoY for Q2 FY 2023. Return on Assets grew to 1.9%. In this quarter\u2019s\u00a0results, it is evident\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-AXISBANK.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-AXISBANK.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-AXISBANK.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-AXISBANK.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-AXISBANK.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135072,"url":"https:\/\/alphastreet.com\/india\/icici-bank-ltd-q2fy23-37-growth-in-profits\/","url_meta":{"origin":131808,"position":4},"title":"ICICI Bank Ltd. Q2FY23; 37% Growth in Profits","author":"Karan_Singh","date":"October 24, 2022","format":false,"excerpt":"ICICI Bank Ltd.\u2018s Net Interest Income for Q2 FY23 has increased by 26% YoY to \u20b9 14,787 crores. Profit After Tax rose by 37% YoY to \u20b9 7,558 crores. Operating Profit grew by 24% YoY for Q2 FY 2023. Net Interest Margin grew to 4.31%. In this quarter\u2019s\u00a0results, it is\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIBANK.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIBANK.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIBANK.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIBANK.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIBANK.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135076,"url":"https:\/\/alphastreet.com\/india\/kotak-mahindra-bank-ltd-q2fy23-27-growth-in-profits\/","url_meta":{"origin":131808,"position":5},"title":"Kotak Mahindra Bank Ltd. Q2FY23; 27% Growth in Profits","author":"Karan_Singh","date":"October 24, 2022","format":false,"excerpt":"Kotak Mahindra Bank Ltd.\u2018s Net Interest Income for Q2 FY23 has increased by 27% YoY to \u20b9 5,099 crores. Profit After Tax rose by 27% YoY to \u20b9 2,581 crores. Operating Expenditure grew by 28% YoY for Q2 FY 2023. Net Non Performing Assets (NNPA) fell to 0.55%. In this\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-KOTAKBANK-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-KOTAKBANK-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-KOTAKBANK-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-KOTAKBANK-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-KOTAKBANK-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=131808"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=131808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=131808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=131808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}