|Rs in Crore||Dec-20||Dec-19||YOY||Sep-20||QOQ|
|Total Income (Rs cr)||₹ 39,839||₹ 38,326||3.95%||₹ 38,438||3.64%|
|Operating Profit (Rs cr)||₹ 16,136||₹ 13,727||17.55%||₹ 14,798||9.04%|
|Net Profit (Rs cr)||₹ 8,760||₹ 7,660||14.36%||₹ 7,703||13.73%|
|Diluted EPS (Rs.)||₹ 15.80||₹ 13.90||₹ 14.00|
|Gross NPA Ratio||0.81%||1.42%||1.08%|
|Net NPA Ratio||0.09%||0.48%||0.17%|
|Return on Assets||0.55%||0.55%||0.48%|
Key takeaways from the Dec-20 quarter results
- HDFC Bank has scored really well on most asset quality parameters. For example, the gross NPAs fell sharply from 1.42% in Dec-19 to 0.81% in Dec-20 quarter. Similarly, the net NPAs at just 0.09% hint at most of the medium terms risks in asset quality almost entirely provided for. Capital adequacy has also remained comfortable.
- Net interest income or NII for the Dec-20 quarter was up 15.1% on a yoy basis. While the growth in advances stood at 15.6% for the Dec-20 quarter, the core net interest margin or NIM has got a prop to 4.2% in the Dec-20 quarter on lower cost of funds.
- The provisions for losses and contingencies in the Dec-20 quarter at Rs3,414cr included a specific loan loss provision of Rs691cr. Total deposits grew by 19.1% in the Dec-20 quarter with CASA deposits growing 29.6%. The share of CASA in the overall deposit mix now stands at 43%.