Its net profit in Q4, 2010-11 was Rs 1,114.70 crore (Rs 11.14 billion).
Total income of HDFC rose 32.1 per cent to Rs 8,880 crore (Rs 88.8 billion) in the January-March quarter of 2011-12, from Rs 6,724.3 crore (Rs 67.24 billion) in the year-ago period, HDFC Bank said in a filing to the Bombay Stock Exchange.
Net interest income (interest earned less interest expended) during Q4 was Rs 3,388.3 crore (Rs 33.88 billion), as against Rs 2,839.5 crore (Rs 28.39 billion) in the same period a year ago, registering a growth of 19.3 per cent.
This was driven by loan growth of 22.2 per cent and a core net interest margin (NIM) for the quarter of 4.2 per cent, the bank said.
The board of HDFC Bank has proposed a dividend of 215 per cent or Rs 4.30 per share on the face value of Rs 2 for the financial year ended March, 2012.
For 2011-12, the bank posted net profit of Rs 5,167.1 crore (Rs 51.67 billion), an increase of 31.6 per cent from Rs 3,926.39 crore (Rs 39.26 billion)
India should accept days of 9% growth are over
Banks' balance sheets in poor health
Good news! Your EMIs will come down
Lavasa turns into a bad dream for banks
Investors hope for rate cuts as uncertainty looms