The private sector bank announced the results during trading hours today, 13 July 2012.
Meanwhile, the BSE Sensex was down 10.31 points or 0.06% to 17,222.24.
On BSE, 1.53 lakh shares were traded in the counter as against average daily volume of 1.81 lakh shares in the past two weeks.
The stock hit a high of Rs 591.55 and low of Rs 582.30 so far during the day.
HDFC Bank's net interest income (NII) rose 22.3% to Rs 3484.10 crore in Q1 June 2012 over Q1 June 2011. This was driven by loan growth of 21.5% and a net interest margin of 4.3%.
HDFC Bank's total balance sheet size increased by 25.9% from Rs 285942 crore as of 30 June 2011, to Rs 360001 crore as of 30 June 2012. Total net advances as of 30 June 2012 were Rs 213338 crore, an increase of 21.5% over 30 June 2011.
HDFC Bank's total Capital Adequacy Ratio (CAR) as at 30 June 2012 (as per Basel II guidelines) stood at 15.5% as against the regulatory minimum of 9%. Tier-I CAR was 10.9% as of 30 June 2012.
HDFC Bank's asset quality remained healthy and stable with gross non-performing assets (NPAs) as on 30 June 2012 at 1% of gross advances and net NPAs at 0.2% of net advances as of 30 June 2012.
The bank's provisioning policies for specific loan loss provisions remained higher than regulatory requirements. The NPA coverage ratio based on specific provisions (not including write-offs, technical or otherwise) was at 81% as on 30 June 2012. Total restructured loans (including applications received and under process for restructuring) were at 0.3% of gross advances as of 30 June 2012.
As of 30 June 2012, HDFC Bank's distribution network was at 2,564 branches and 9,709 ATMs in 1,416 cities.
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