Financial Statements and Related Announcement::Full Yearly Results

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFC BANK US$500M3%N180306 - XS0897434949 - 2QPB

Announcement Details

Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
22-Apr-2014 19:55:36
Status
New
Announcement Sub Title
Full Yearly Results
Announcement Reference
SG140422OTHRY304
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Senior Manager
Effective Date and Time of the event
22/04/2014 00:00:00
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
We attach herewith a file containing the Audited Financial Results (both Standalone and Consolidated) for the year ended 31st March 2014, segment reporting and summarized Balance Sheet as on 31st March, 2014 duly approved by the Board at its meeting held today. The Reports of Auditors and the Press Release in this regard are also enclosed.

The aforesaid audited annual financial results have been submitted to the stock exchanges in India as per the listing requirements of those stock exchanges.

We are also pleased to inform that the Bank s Profit Before Tax for the year was Rs.12,772.1 Crore, an increase of 31% over the previous year. With effective Tax Rate for the year at 33.6% as against 31% for the previous year, the net profit for the year ended 31st March, 2014 was Rs.8478.4 Crore, up 26% over the previous year. The Board of Directors have recommended a dividend of Rs.6.85 per equity share of Rs. 2/- each (i.e. 343 %) out of the net profits for the year ended 31st March, 2014.

This is for your information and record

Additional Details

For Financial Period Ended
31/03/2014

Attachments