HDFC Bank shares drop 4% post Q1 biz update
The lender’s gross advances grew 52.6% YoY to ₹24.87 lakh crore in Q1 FY25, but dropped 0.8% QoQ; total deposits rose 24.4% YoY and flat QoQ to ₹23.79 lakh crore.
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HDFC Bank Q1 profit surges 30% to ₹11,952 cr; NII up 21%
Following the merger with HDFC, HDFC Bank’s core net interest margin stands at 4.1%; gross NPAs at 1.17% of gross advances
HDFC Bank share falls 1% post Q1 results
HDFC Banks’ Q1 profit rose 19% YoY to ₹9,196 crore, compared to ₹7,730 crore in the same period last year, driven by higher income and decline in provisions.
