HDFC Bank Q2 net profit rises 31.5%

The country's second-largest privatelender HDFC Bank on Wednesday said its net profit jumped by 31.49 per centyear-on-year to Rs 1,199.35 crore in the second quarter ended September 30,2011.

The company had posted a net profit of Rs 912.14 crore forthe July-September period of 2010.

HDFC Bank's total income for the quarter ended September,2011, stood at Rs 7,929.38 crore, as against Rs 5,770.70 crore in the sameperiod a year ago, the bank said in a filing to the BSE.

During the first six months of 2011-12, the bank clocked a32.51 per cent rise in net profit to Rs 2,284.33 crore, compared to Rs 1,723.85crore in the same period a year ago.

The bank reported a total income of Rs 15,027.38 crore forthe first six months of FY'12, as against Rs 11,181.27 crore for theApril-September, 2010-11, period.

Shares of HDFC Bank were up by 2.71 per cent at Rs 489.70apiece in late afternoon trade on the BSE.