Explained: HDFC Bank Q1FY20 result in three charts
Here’s a glimpse of how HDFC Bank performed in Q1
HDFC Bank Q1FY20 result: Major private lender HDFC Bank has announced its first quarter results for fiscal year FY20. From the result, both top-line and bottom-line recorded over 20% growth on yearly basis. While, provisions saw a significant jump during the quarter, yet asset quality somewhat remained stable compared to a year ago in the same period. The bank has also declared a special interim dividend of Rs 5 per equity share of Rs 2 to commemorate 25 years of the Bank’s operations.
Interestingly, HDFC Bank’s result can be explained in three charts. Here’s a glimpse of how Q1 financial performance were of this lender.