HDFC Bank announces Q4, year-end results

The Board of Directors of HDFC Bank has approved the bank’s (Indian GAAP) results for the quarter and full year ended March 31, 2019, at their meeting held in Mumbai on Saturday.

According to a statement, the bank’s total income for the quarter ended March 31, 2019 at Rs 31,204.5 crore grew by 22.1 percent from Rs 25,549.7 crore for the quarter ended March 31, 2018. Net revenues (net interest income plus other income) increased by 20.7 percent to Rs 17,960.7 crore for the quarter ended March 31, 2019 from ` 14,886.3 crore in the corresponding quarter of the previous year. Net interest income for the quarter ended March 31, 2019 grew by 22.8 percent to Rs13,089.5 crore.