HDFC Bank Ltd (NYSE:HDB)
$ 55.5 0.17 (0.31%) Market Cap: 140.66 Bil Enterprise Value: 215.67 Bil PE Ratio: 27.90 PB Ratio: 2.50 GF Score: 84/100

Q4 2019 HDFC Bank Ltd Earnings Call Transcript

Apr 20, 2019 / 11:30AM GMT
Operator

Ladies and gentlemen, good evening, and welcome to the HDFC Bank Q4 FY '19 Earning Conference on the financial results presented by Mr. Srinivasan Vaidyanathan, Deputy Chief Financial Officer. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Srinivasan Vaidyanathan. Thank you. And over to you, sir.

Srinivasan Vaidyanathan
HDFC Bank Limited - CFO

Thank you very much. You all should have received a copy of the results released.

Now highlights for the quarter and year ended March 31, 2019. The bank's total income for the quarter ended March 31, 2019, at INR 31,204.5 crore grew by 22.1% from INR 25,549.7 crore in the corresponding previous year's quarter. Net revenues for the quarter amounted to INR 17,960.7 crore. Net interest income for the quarter was INR 13,089.5 crore, registering a growth of 22.8%. The core net interest margin for the quarter was 4.4%.

Other income for the quarter amounted to INR 4,871.2 crore, which grew by 15.2% over the corresponding prior year

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