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HDFC Bank FY21 profit rises 18.5% to Rs 31,116.53 crore; no dividend amid COVID uncertainty
Amid the second wave of COVID-19 cases, HDFC Bank said that its board of directors has decided not to offer a final dividend for FY21 in view of the persisting uncertainty
BusinessToday.In | April 17, 2021 | Updated 17:53 IST
HDFC bank posted an 18.5 per cent increase in its net profit for the financial year ended March 31, 2021. The private sector lender registered standalone net profit of Rs 31,116.53 crore during the FY21, as compared to Rs 26,257.32 crore in FY20, according to a regulatory filing.
HDFC bank earned Rs 146,063.12 crore during the period under review, as against Rs 138,073.47 crore in the previous fiscal. Net interest income at the end of FY21 stood at Rs 64,879.57 crore, as compared to Rs 56,186.25 crore in FY20, a jump of 15.47 per cent. Net revenue, the sum of net interest income and other income, stood at Rs 90,084.5 crore during the fiscal under revi ....

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