Shares of HDFC Bank on Monday gained over 2 per cent after the corporate reported a 14.36 per cent leap in consolidated web revenue for the December quarter.
The inventory jumped 2.49 per cent to its 52-week excessive of Rs 1,503 on BSE.
On NSE, it rose 2.46 per cent to Rs 1,502.85 — its one-year excessive.
The nation’s largest personal sector lender on Saturday reported a 14.36 per cent leap in consolidated web revenue to Rs 8,760 crore for the December quarter, pushed by a surge in core revenue.
At the standalone degree, web revenue for the three-month interval grew 18.09 per cent to Rs 8,758.29 crore, on the again of a 15.1 per cent development within the core web curiosity revenue at Rs 16,317 crore.
HDFC Bank is the primary main lender to declare its outcomes for the December quarter.
The outcomes confirmed an enchancment within the asset high quality with the gross non-performing belongings (NPA) ratio stood at 0.81 per cent of the full belongings as in opposition to 1.42 per cent within the year-ago interval and 1.08 per cent on the finish of the previous September quarter, the financial institution stated.
