HDFC Bank has declared its third quarter results of FY10. It has reported jump of 31.51% in its Q3 net profit of Rs 818 crore as against Rs 622 crore in the same quarter of previous year.
The numbers were in-line with the estimates, CNBC-TV18 was expecting net profit at Rs 795 crore.Net interest income (NII) was at Rs 2,223 crore.
Other income went down at Rs 853 crore from Rs 939.4 crore and provisions declined to Rs 447.7 crore versus Rs 531.8 crore.
Capital adequacy ratio (CAR) stood at 18.3% and gross non-performing assets (NPA) slipped to 1.6% versus 1.8%.
Source: CNBC-TV18Courtesy moneycontrol.com
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