HDFC Bank posts net profit of Rs.15.95 bn

April 25th, 2008 - 7:27 am ICT by admin  

Mumbai, April 24 (IANS) India’s HDFC Bank Ltd posted a net profit of Rs.15.95 billion ($398.7 million) for 2007-08 as compared to Rs.11.5 billion of the previous fiscal. The bank said Thursday in an official statement that total income in the year under review rose to Rs.124.95 billion from Rs.82.23 billion of 2006-07.

In quarter ending March 2008, the bank clocked a net profit of Rs.4.71 billion as compared to Rs.3.43 billion of the same period of 2006-07.

The total income for the quarter increased to Rs.35.05 billion from Rs.23.2 billion of the last quarter of the previous fiscal.

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