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HDFC Bank inches up on reporting 18% rise in Q4 net profit
Apr-21-2017

HDFC Bank is currently trading at Rs. 1495.00, up by 33.05 points or 2.26% from its previous closing of Rs. 1461.95 on the BSE.

The scrip opened at Rs. 1474.80 and has touched a high and low of Rs. 1498.00 and Rs. 1455.10 respectively. So far 469050 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1498.00 on 21-Apr-2017 and a 52 week low of Rs. 1085.60 on 25-Apr-2016.

Last one week high and low of the scrip stood at Rs. 1498.00 and Rs. 1428.45 respectively. The current market cap of the company is Rs. 382844.33 crore.

The promoters holding in the company stood at 26.00%, while Institutions and Non-Institutions held 55.07% and 18.80% respectively.

HDFC Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has posted a rise of 18.25% in its net profit at Rs 3990.09 crore for the quarter ended March 31, 2017 as compared to Rs 3374.22 crore for the same quarter in the previous year. Total income of the Bank increased by 14.30% at Rs 21560.66 crore for quarter under review as compared to Rs 18862.61 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the Bank has posted a rise of 18.33% in its net profit at Rs 14549.66 crore as compared to Rs 12296.23 crore in FY16. Total income of Bank increased 14.98% at Rs 81602.45 crore for year under review as compared to Rs 70973.17 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the Bank has posted rise of 19.27% in its net profit at Rs 15287.41 crore as compared to Rs 12817.33 crore in FY16. Total income of Bank increased by 15.83% at Rs 86148.99 crore for year under review as compared to Rs 74373.22 crore for the year ended March 31, 2016.

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