• APRIL 14, 2000

HDFC Bank net profit up by nearly 50%

Times Bank was merged with HDFC Bank. Non Performing assets are 0.77% of net advances.

The number of branches increased from 57 to 111. The bank is providing internet banking services.

(Rs m) FY1999 FY2000 Change
Interest Income 3,761 6,799 80.8%
Other Income 681 1,254 84.1%
Other Expenditure 831 2,096 152.2%
Operating Profit (EBDIT) 2,930 4,703 60.5%
Operating Profit Margin (%) 77.9% 69.2%  
Interest 2,292 3,743 63.3%
Depreciation 150 265 76.7%
Profit before Tax 1,169 1,949 66.7%
Other Adjustments -    
Tax 345 748 0.0%
Profit after Tax/(Loss) 824 1,201 45.8%
Net profit margin (%) 21.9% 17.7%  
Earnings per share 4.10 4.90  

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