HDFC Bank Q4 Results 2022: Net Profit Soars 22.8% YoY, Know When Dividend Will Be Announced

India’s largest private sector bank by assets and the world’s 10th largest bank by market capitalization as of April 2021, HDFC Bank recorded a standalone profit of 22.8% in the last quarter of FY2021-22. In its regulatory filing for third-quarter results for the first three months of 2022, the bank announced that with this jump, its profit including tax increased to ₹10,055.2 crores. After paying tax of ₹2,989.5, its profit for Q4FY22 will be around ₹10 thousand crores.

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HDFC Bank Q4 Results 2022: Important Details You Need To Know

In Q4FY22, the HDFC bank registered a net profit of ₹10,055.2 crores, up 22.8%. While the total revenue of the Bank was ₹41,085.78 crores as against ₹38,017.50 crores in the same quarter in FY20-21. Net revenue also increased by 7.3% to ₹26,509.80 crores as compared to the ₹24,714.10 crores in the same quarter in FY20-21. While In terms of asset quality, the banks (GNPAs) accounted for 1.17% of gross advances in Q4, compared to 1.26% in the previous quarter.

Dividend To Be Announced On April 23

The meeting of the directors of the bank will be held next week on Saturday, April 23 for the decision on the dividend on equity shares of the bank for the FY2021-22, the bank informed the stock exchanges.

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