The country’s largest private bank HDFC has made a profit of Rs 17,616 crore in the fourth quarter of the financial year 2024-25. It has increased by 6.69% on an annual basis. In the same quarter a year ago, the private sector lender had a profit of ₹ 16,512 crore. In the January-March quarter, the bank earned ₹ 77460 crores through interest. In the same period last year, it was ₹ 71473 crores. It has increased by 8.38% on an annual basis. During this period, the total income of the bank decreased by 0.17% to ₹ 89,488 crores. In Q4FY24, it was ₹ 89,639 crores.
HDFC Bank Declares ₹22 Dividend Per Share
With its quarterly results, HDFC Bank announced a dividend of its shareholders and 22 per share. Dividend is a part of the company’s profits distributed to investors, and the payment reflects the bank’s strong financial position and commitment to give price to shareholders.
HDFC Bank Stock Performance: Up 24% in One Year
HDFC Bank released its quarterly results on Saturday, 19 April, the stock market is closed on this day. Earlier on 17 April, the bank’s stock rose 1.48% to close at Rs 1,905.80. HDFC’s stock has given a positive return of 9.27% in the last one month, 10.24% in 6 months and 24.46% in one year. The bank’s stock has risen 6.90% this year i.e. from January 1 till now.
HDFC Bank Overview: India’s Leading Private Sector Bank
HDFC Bank provides banking and financial services. The founder of the bank is Hasmukhbhai Parekh. He established this bank in 1994. Its headquarter is in Mumbai. The managing director and chief executive officer (CEO) of the bank is Shashidhar Jagdishan. HDFC Bank has more than 9,092 branches and more than 20,993 ATMs in the country.
