HDFC Bank Q2 2023 Results

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights

· Net Revenue grew by 114.8% to ₹66,317 Cr · Net consolidated profit rose to ₹16,811 Cr. · Profit After Tax up by 51.1% from FY’23

Performance Highlights

· Revenue up by ₹114.8% Y-o-Y · Earnings Per Share ₹22.2 · Half-Yearly PAT stood at ₹29,182 Cr, up by 40.9% · Operating expenses stood at ₹15,399 Cr, up by 37.9%

HDFC Rides High

HDFC Bank’s deposits reached ₹21.73 lakh crore as of September 30, 2023, reflecting a 29.9% increase from ₹16.73 lakh crore as of September 30, 2022.