HDB - HDFC Bank up 4% premarket after strong results

July, 20 2020 06:01 AM HDFC Bank Limited

HDFC Bank (NYSE:HDB) reports GAAP EPS of ?12.10 (?12.6 Q/Q, ?10.2 Y/Y).
Net profit up by 19.6% y/y to ?66.59B
NII of the bank grew 17.8% to ?156.65B.
The net interest margin for the quarter was at 4.3%.
Pre-provision operating profit grew by 15% y/y to ?128.29B.
GNPA were 1.36% (1.26% Q/Q, 1.40% Y/Y); NNPA were 0.33%.
Total deposits grew by 24.6% y/y to ?11893.87B and Total advances grew by 20.9% to ?10032.99B (as of June 30).
Previously: HDFC Bank reports Q1 results (July 19)
Shares +4% premarket.
More news on: HDFC Bank Limited, Global news and forex, Earnings news and commentary, Financial stocks news, Stocks on the move,