HDFC Bank grew up revenue 18.3 %
The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarter and nine months ended December 31, 2022 , at its meeting held in Mumbai on Saturday , January 14, 2023 . The accounts have been subjected to a 'Limited Review' by the statutory auditors of the Bank. STANDALONE FINANCIAL RESULTS: Profit & Loss Account: Quarter ended December 31, 2022 The Bank’s net revenue, grew by 18.3% to ₹ 31,487.7 crore for the quarter ended December 31, 2022 from ₹ 26,627.0 crore for the quarter ended December 31, 2021. Excluding net trading and mark to market income, the net revenue grew by 22.1% over the quarter ended December 31, 2021. Net interest income (interest earned less interest expended) for the quarter ended December 31, 2022 grew by 24.6% to ₹ 22,987.8 crore from ₹ 18,443.5 crore for the quarter ended December 31, 2021. Core net interest margin was at 4.1% on total assets, and 4.3% based on interest earning assets. The four c