HDFC Bank, one of the leading private sector lenders, disclosed a good increase in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the bank rose 20.16% to Rs 27,945.10 million from Rs 23,257 million in the same quarter previous year.
Interest earned for the quarter rose 17.21% to Rs 149,307.40 million, compared with Rs 127,390 million for the prior year period.
Shares of the bank gained Rs 12.15, or 1.14%, to trade at Rs 1,078. The total volume of shares traded was 83,441 at the BSE (11.22 a.m., Monday).