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This Article is From Jan 19, 2012

HDFC Bank Q3 net profit up 31% on higher income, low provisioning

Total income of the bank rose to Rs 8,622.64 crore during the October-December quarter.

HDFC Bank Q3 net profit up 31% on higher income, low provisioning
Tata Steel Europe, in particular, has been hit severely by the crisis, with its gross earnings (EBITDA) falling by 42.8 per cent to $103 million in the June-September quarter of 2011.
Mumbai:

HDFC Bank on Thursday reported 31 per cent growth in net profit at Rs 1,429.66 crore for the third quarter ended December 31, 2011.

 

The bank had a profit of Rs 1,087.83 crore in the December quarter of 2010-11 fiscal.


Total income of the bank rose to Rs 8,622.64 crore during the October-December quarter, from Rs 6,357.78 crore in the same period a year ago, HDFC Bank said in a filing to the BSE.


Shares of HDFC Bank Rs 485.50 were up 1.08 per cent on the BSE.

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