HDFC Bank has announced its first quarter FY10 results. The company’s Q1FY10 net profit stood up 30.5% from Rs 464.35 crore to Rs 606 crore. Net interest income stood up 7.66% from Rs 1723.47 crore to Rs 1855.5 crore. Other income stood up 75.76% from Rs 593.2 crore to Rs 1043 crore.
The bank’s Q1FY10 provisions stood up 91.24% from Rs 344.47 crore to Rs 658.82 crore. NIM stood at 4.1%, net NPA stood at 0.6% Vs 0.5%. Capital Adequacy Ratio stood at 15.4% Vs 12.2%. CASA ratio stood at 45%. For Q1FY10, loans grew by 7.7% to Rs 1.05 lakh crore.
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