HDFC Bank profit rises over 17 percent; beats expectations
Exceeding analysts' expectations, HDFC Bank reported Rs. 8,834.3 crore in net profit in the second quarter ending September 30, up from Rs. 7,513.1 crore – or a jump by 17.6 per cent – during the corresponding period a year earlier. The analysts had expected the country’s large
Exceeding analysts' expectations, HDFC Bank reported Rs. 8,834.3 crore in net profit in the second quarter ending September 30, up from Rs. 7,513.1 crore – or a jump by 17.6 per cent – during the corresponding period a year earlier. The analysts had expected the country’s largest private sector lender to post net profits of around Rs 8,000 crore.
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