• HDFC Bank’s net revenues (net interest income plus other income)declined by 4.8% quarter-on-quarter (QoQ) during the quarter ended June (Q1FY22). On a year-on-year (YoY) basis, it witnessed a growth of 6.1%.
  • Its expenses for the quarter were down by 4% QoQ and 0.4% YoY.
  • Provisions & contingencies decreased by 6.7% QoQ. On YoY basis, it increased by 23.5%.
  • The bank’s profit before tax fell by 5.5% QoQ. However, it grew by 13.9% on a YoY basis.
  • While the net profit witnessed a growth of 14.4% YoY during the June 2021 quarter, it decreased by 6.1% on a QoQ basis.
  • The bank’s capital adequacy ratio (CAR) stood at 19.1% in June 2021 quarter versus 18.9% in June 2020 quarter.
  • Net non-performing assets (NPAs) were at 0.48% of net advances as on June 2021.
  • The earnings per share (EPS) of HDFC Bank stood at 14.4 during Q1FY22.

HDFC Bank’s financial statements for Q1FY22:

(Rs, crores) Q1FY21 Q4FY21 Q1FY22 YoY (%) QoQ (%)
Total Income 36,698.6 40,909.5 38,933.6 6.1% -4.8%
Total Expenses 23,014.6 23,891.2 22,925.4 -0.4% -4.0%
Provisions & contingencies 4,344.5 5,752.6 5,366.3 23.5% -6.7%
Profit before tax 9,339.5 11,265.7 10,641.9 13.9% -5.5%
Tax 2,398.6 2,821.4 2,701.6 12.6% -4.2%
Profit after tax 6,927.2 8,433.8 7,922.1 14.4% -6.1%
Earnings per share 12.6 15.3 14.4    

Data Source: BSE, Company announcements

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