HDFC Bank - Q4FY12 result first cut - Microsec Research

HDFC Bank Ltd has announced its Q4FY12 along with Annual FY12 result on 18th April 2012.

On the quarterly basis, bank's total income increased by 7.59% QoQ and 19.17% YoY to Rs.4880.29 crore. Profit After Tax (PAT) increased by 1.64% QoQ and 30.35% YoY to Rs.1453.08 crore. For the whole year in FY12, the total income of the bank increased by 18.08% YoY to Rs.17951.83 crore. Profit After Tax (PAT) increased by 31.25% to Rs.5273.40 crore. Advances for FY12 increased by 22.15% YoY to Rs.195420.03 crore, while deposits increased by 18.28% YoY to Rs.246706.45 crore.

On the assets quality front, the bank has maintained its assets quality, NNPA and GNPA stood at 0.20% and 1.02% respectively. On the margin front, Net Interest Margin (NIM) of the bank for Q4FY12 stood at 4.20%, improved by 10bps QoQ. However, the bank is in well position to tame any time liabilities with 82.40% of its Provision Coverage Ratio (PCR).

Source : Equity Bulls

Keywords