NewsBytes
    Hindi
    More
    In the news
    Mukesh Ambani
    WhatsApp
    Reliance Jio
    OPPO
    Vivo
    Sensex
    Bitcoin
    NewsBytes
    Hindi
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / Business News / HDFC Q3 results: Profit jumps 19% to Rs. 12,735 crore
    Business

    HDFC Q3 results: Profit jumps 19% to Rs. 12,735 crore

    HDFC Q3 results: Profit jumps 19% to Rs. 12,735 crore
    Written by Athik Saleh
    Jan 16, 2023, 01:42 pm 2 min read
    HDFC Q3 results: Profit jumps 19% to Rs. 12,735 crore
    HDFC Bank's EPS in Q3 climbed to Rs. 22.78 from Rs. 20.01 in Q2

    HDFC Bank has announced its financial results for the current fiscal year's third quarter. The company's consolidated net profit saw an 18.99% increase year-on-year to Rs. 12,735.43 crore in the quarter that ended December 31, 2022. In the same quarter in 2021, the banking firm recorded a profit of Rs. 10,615.77 crore.

    The company recorded a total income of Rs. 54,123 crore

    HDFC Bank recorded a total income of Rs. 54,122.84 crore. Compared to the previous quarter and the same period last year, the consolidated income has increased by Rs. 4,940.74 crore and Rs. 10,757.88 crore, respectively. The Q3 expenditure was Rs. 33,942.65 crore, which included Rs. 5,277.53 crore for employee benefits.

    EBITDA has jumped by 18.6% from last December

    EBITDA or earnings before interest, taxes, depreciation, and amortization is a major indicator of a company's financial performance. It is used to compare profitability among companies. In Q3, HDFC Bank's EBITDA was calculated to Rs. 21,136.57 crore, up by 18.6% from Rs. 17,820.48 crore year-over-year.

    EPS is up from last year

    Another metric used to assess a company's profitability is EPS or earnings per share. It is calculated by dividing net profit by the number of outstanding shares of its common stock. In this quarter, HDFC Bank's EPS has increased to Rs. 22.78 from Rs. 19.1 same time last year. In the previous quarter of the current financial year, the EPS stood at Rs. 20.01.

    How has the stock performed over the last 12 months?

    The 52-week high of HDFC Bank was Rs. 1,721.85 on April 4, 2022, while the 52-week low was Rs. 1,271.75 on June 17, 2022. Yesterday, the stock ended 6.6 points in red at Rs. 1,594.25 a piece. It has returned -0.61% in the past month and 12.44% over the last 12 months.

    Key Trailing 12 Months metrics of HDFC Bank

    'Trailing 12 months' (TTM) refers to the company's data from the last 12 consecutive months. TTM values are produced for a variety of metrics. As per HDFC Bank's data, its EPS (TTM) is 75.61, Price Earnings (PE) is 21.17, Price to Book Value (PB) is 3.51, and Return on Equity (ROE) is 16.57.

    How was HDFC Bank's performance in comparison to its peers?

    In Q2, ICICI Bank's income was Rs. 26,033.04 crore and profit after tax (PAT) was Rs. 7,557.84 crore versus HDFC Bank's Q3 total income and PAT of Rs. 42,707.77 crore and Rs. 12,259.49 crore, respectively. Axis Bank and IndusInd Bank's total income (Q2) stood at Rs. 20,238.93 crore and Rs. 8,708.03 crore, respectively, while PAT was Rs. 5,329.77 crore and Rs. 1,786.72 crore, respectively.

    Share this timeline
    Facebook
    Whatsapp
    Twitter
    Linkedin
    Latest
    ICICI Bank
    IndusInd Bank
    HDFC Bank
    Axis Bank Ltd

    Latest

    Subhash Ghai birthday special: Looking at his iconic blockbuster movies     Subhash Ghai
    What are NASA Artemis Accords and why are they significant? National Aeronautics and Space Administration
    Want to lose weight faster? Try these sports Exercise
    Watchlist: New fan of Pakistani serials? Listing 5 must-watch dramas  TV News

    ICICI Bank

    ICICI bank fraud case: Videocon's Venugopal Dhoot gets interim bail Venugopal Dhoot
    ICICI-Videocon scam: Chanda Kochhar, husband Deepak Kochhar released from jail Chanda Kochhar
    Special CBI court sends Kochhars, Dhoot to 14-day judicial custody Central Bureau Of Investigation (CBI)
    CBI court allows Kochhar couple, Venugopal Dhoot use special beds Central Bureau Of Investigation (CBI)

    IndusInd Bank

    Sensex surges over 1,200 points, Nifty crosses 17,200 mark Sensex
    Sensex climbs over 1,000 points, Nifty settles near 17,100 mark Stock Market
    Sensex slips to 59,456 points, Nifty settles at 17,718 Bitcoin
    FinCEN files: All you need to know about the leak India

    HDFC Bank

    India records highest-ever M&A activity this year at $152bn India
    Mukesh Ambani-led Reliance Industries is India's most valuable company Reliance Industries
    Sensex falls to 59,119 points, Nifty ends at 17,629 Bitcoin
    #DealOfTheDay: Grab Samsung Galaxy S21 FE at just Rs. 31,999 Samsung Galaxy S21 FE

    Axis Bank Ltd

    Samsung launches credit card in India with year-round cashbacks Samsung
    Mi Notebook 14 (IC) launched in India at Rs. 44,000 India
    FASTag compulsory from January 1: How to buy, recharge it? India
    #DealOfTheDay: Samsung Galaxy F41 is available with Rs. 6,000 discount Samsung

    Love Business News?

    Subscribe to stay updated.

    Business Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023