Saturday, April 20, 2024 The accounts have been subjected to an audit by the statutory
auditors of the Bank.
CONSOLIDATED FINANCIAL RESULTS:
The Bank’s consolidated net revenue grew by 133.6% to ₹ 807.0 billion for the quarter
ended March 31, 2024 from ₹ 345.5 billion for the quarter ended March 31, 2023. The
consolidated profit after tax for the quarter ended March 31, 2024 was ₹ 176.2 billion, up
39.9%, over the quarter ended March 31, 2023.
Earnings per share for the quarter ended
March 31, 2024 was ₹ 23.2 and book value per share as of March 31, 2024 was ₹ 600.8.
The consolidated profit after tax for the year ended March 31, 2024 was ₹ 640.6 billion,
up 39.3%, over the year ended March 31, 2023.
STANDALONE FINANCIAL RESULTS:
Profit & Loss Account: Quarter ended March 31, 2024
The Bank’s net revenue grew by 47.3% to ₹ 472.4 billion (including transaction gains of
₹ 73.4 billion from stake sale in subsidiary HDFC Credila Financial Services Ltd) for the
quarter ended March 31, 2024 from ₹ 320.8 billion for the quarter ended March 31, 2023.
Net interest income (interest earned less interest expended) for the quarter ended March
31, 2024 grew by 24.5% to ₹ 290.8 billion from ₹ 233.5 billion for the quarter ended March 31, 2023.
Core net interest margin was at 3.44% on total assets, and 3.63% based on
interest earning assets.
