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hdfc financial institution: HDFC Financial institution Q1 Outcomes: Standalone PAT grows 35% YoY to Rs 16,175 crore, falls 2percentQoQ

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HDFC Financial institution as we speak reported a standalone internet revenue of Rs 16,175 crore for the quarter ended June 30, 2024, which was up by 35% over Rs 11,952 crore reported by the lender within the yr in the past interval. Nevertheless, it was down by 2% sequentially versus Rs 16,512 crore reported in Q4FY24.

The revenue after tax (PAT) figures have been in keeping with ETNow ballot.

HDFC Bank Results Trend JuneETMarkets.com

The curiosity earned by the most important personal lender stood at Rs 73,033 crore within the reported quarter versus Rs 48,587 crore within the corresponding quarter of the earlier monetary yr. It was up by 50% on the YoY foundation.The curiosity expended by HDFC within the stated quarter stood at Rs 43,196 crore which was up from Rs 24,988 crore which was an uptick of 73% on the YoY foundation.

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