Lending major HDFC Bank on Saturday reported a 22.6 per cent increase in its net profit for the January-March quarter on a year-on-year basis. The bank`s net profit for the fourth quarter of financial year 2018-19 stood at Rs 5,885.1 crore, HDFC Bank said in a regulatory filing to the Bombay Stock Exchange.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

"After providing Rs 3,069.3 crore for taxation, the Bank earned a net profit of Rs 5,885.1 crore, an increase of 22.6 per cent over the quarter ended March 31, 2018," the bank said in a statement.

Watch Zee Business Live here:

For the full fiscal 2018-19, its net profit grew by 20.5 per cent to Rs 21,078.1 crore.