HDFC Bank Limited (LON: 0A7I)

HDFC Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	3,147,191	2,836,490	1,707,541	1,359,364	1,285,524	1,221,893
Interest Paid on Deposits	1,805,995	1,541,386	777,799	585,843	592,476	621,374
Net Interest Income	1,484,222	1,295,105	929,741	773,521	693,048	600,519
Net Interest Income Growth (YoY)	25.03%	39.30%	20.20%	11.61%	15.41%	16.72%
Gain (Loss) on Sale of Assets	1,999	1,999	933.8	707.6	465.7	259.15
Gain (Loss) on Sale of Investments	270,529	270,529	-10,314	23,316	39,037	20,014
Other Non-Interest Income	1,187,640	970,930	348,501	293,566	233,826	228,517
Total Non-Interest Income	1,460,168	1,243,458	339,121	317,590	273,329	248,790
Non-Interest Income Growth (YoY)	64.07%	266.67%	6.78%	16.19%	9.86%	31.31%
Revenues Before Loan Losses	2,944,390	2,538,562	1,268,862	1,091,111	966,377	849,308
Provision for Loan Losses	241,798	250,183	138,541	179,253	188,403	136,999
Revenue	2,702,592	2,288,379	1,130,321	911,858	777,974	712,309
Revenue Growth (YoY)	39.80%	102.45%	23.96%	17.21%	9.22%	14.86%
Salaries and Employee Benefits	347,487	310,230	200,169	158,970	136,767	129,201
Occupancy Expenses	93,712	93,712	67,665	52,133	48,430	43,498
Selling, General & Administrative	37,836	37,836	21,000	17,439	12,524	11,870
Other Non-Interest Expense	1,339,258	1,080,916	226,504	174,583	152,292	145,791
Total Non-Interest Expense	1,818,292	1,522,693	515,337	403,124	350,013	330,361
EBT Excluding Unusual Items	884,301	765,686	614,984	508,734	427,962	381,949
Pretax Income	884,301	765,686	614,984	508,734	427,962	381,949
Income Tax Expense	162,616	111,221	153,497	127,225	109,394	108,986
Earnings From Continuing Operations	721,685	654,465	461,487	381,509	318,568	272,963
Minority Interest in Earnings	-25,887	-13,845	-1,516	-981.5	-235.6	-423.15
Net Income	695,798	640,620	459,971	380,528	318,332	272,540
Net Income to Common	695,798	640,620	459,971	380,528	318,332	272,540
Net Income Growth	17.86%	39.27%	20.88%	19.54%	16.80%	22.04%
Basic Shares Outstanding	7,613	7,085	5,566	5,533	5,500	5,469
Diluted Shares Outstanding	7,645	7,117	5,591	5,571	5,525	5,510
Shares Change (YoY)	15.56%	27.29%	0.36%	0.82%	0.28%	1.78%
EPS (Basic)	91.39	90.42	82.64	68.77	57.88	49.84
EPS (Diluted)	91.02	90.01	82.27	68.31	57.61	49.46
EPS Growth	1.99%	9.41%	20.44%	18.57%	16.48%	19.90%
Dividend Per Share	-	19.500	19.000	15.500	6.500	-
Dividend Growth	-	2.63%	22.58%	138.46%	-	-
Effective Tax Rate	18.39%	14.53%	24.96%	25.01%	25.56%	28.53%

Source: S&P Capital IQ. Banks template. Financial Sources.