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HDFC Bank Q3 net at ₹12,259 cr

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The HDFC Bank closed the third quarter of FY23 with a net profit of about ₹12,259 crore, the bank said in a filing for filing.

According to the HDFC Bank, it has posted a net profit of approximately ₹12,259 crore for the quarter ended 31.12.2022, an increase from ₹10,342 crore recorded in the corresponding quarter of the previous year.

The bank had earned a total income of about ₹51,207 crore for the reporting period, compared to about ₹40,651 crore earned during Q3FY22.

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The net non-performing assets (NPA) of the bank stood at ₹5,024 crore as of 31.12.2022 as compared to ₹4,676 crore for the corresponding period last year.

Provisions amounted to approximately ₹2,806 crore for the quarter ended 31.12.2022 as against approximately ₹2,993 crore for the quarter ended 31.12.2021

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