HDFC net profit rises to Rs.5.29 bn

October 16th, 2008 - 10:23 pm ICT by IANS  

Mumbai, Oct 16 (IANS) HDFC Bank Thursday announced a net profit of Rs.5.29 billion for the second quarter of fiscal 2008-09 against Rs.3.68 billion in the same period last year.The total income increased to Rs.46.34 billion during the July-September period from Rs.28.45 billion of the year-ago period.

“The results for the quarter were not comparable with that of the corresponding period last year as the bank had merged with Centurion Bank of Punjab,” a bank statement said.

Shares of HDFC Bank closed at Rs.1,087.35, down by 4.15 percent on the Bombay Stock Exchange.

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