Mumbai, April 23 : HDFC Bank Tuesday said its net profit increased 30 percent to over Rs. 1,889 crore in quarter ended March 31 year-on-year, on the back of higher loan growth.
The bank has posted a net profit of Rs. 1,889.84 crore for the fourth quarter of 2012-13 as compared to Rs. 1,453.08 crore recorded in the corresponding quarter of previous year, registering an increase of 30.05 percent, HDFC Bank said in a statement.
HDFC Bank's total income increased to Rs. 11,127.54 crore for the quarter ended March 31, 2013, as compared to Rs. 9,189.93 crore in the corresponding quarter of previous year.