HDFC Bank reported a 23% rise in net profit to Rs 2,326.5 crore for the fourth quarter of fiscal year 2014. Net sales increased 15.71% to Rs 10,78,85.60 crore while net profit growth was 23.11% and net profit margin improved to 21.56% compared to 20.27% in the previous fiscal year. Earnings per share for the quarter rose to Rs 9.70 from Rs 8.00 in the same period of the previous year. The bank's stock price on the BSE closed 1.36% higher at Rs 726.35.

1. HDFC Bank's Q4 Net climbs 23% to Rs 2326.5 cr
HDFC Bank | Quarterly Result ason 31-Mar-2014 | 22-Apr-2014
For the period, the HDFC Bank reported Net Sales of Rs 107885.60 million and Net Profit of Rs 23265.20 million. While Net Sales rose by
15.71%, Net Profit grown by23.11% and therebyNPMimproved to 21.56% as compared to 20.27% during same period previous FY. Equity
Capital for the period under consideration has increased by0.83% and stands at Rs 4798.10 million. EPS as on 31-Mar-2014 stands at Rs
9.70 viz-a-vizRs 8.00 as on 31-Mar-2013.
The stock of the HDFC Bank at BSE opened at 720.35 touched a high 728.65 and low 718.50 before closing at 726.35 gaining 1.36% over
previous close. The trading volume for the stock at BSEstood at 378755 shares and at NSEstood at 2848956 shares.
BSE NSE
The stock shares 6.97% weight in S&P BSE Sensex. The S&P BSE Sensexclosed todayat 22758.37 (0.03% loss) and CNXNiftyclosed at
6815.35 (0.03%loss).
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