HDFC Bank rose 1.28% to Rs 1079.45 at 9:16 IST on BSE after net profit rose 20.2% to Rs 2794.50 crore on 21.4% growth in net revenue (net interest income plus other income) to Rs 8234.80 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced on Saturday, 14 February 2015.
Meanwhile, the BSE Sensex was up 103.64 points or 0.36% at 29,226.86.
On BSE, so far 9,351 shares were traded in the counter, compared with an average volume of 1.85 lakh shares in the past one quarter.
The stock hit a high of Rs 1,080 and a low of Rs 1,074 so far during the day. The stock had hit a record high of Rs 1,099.70 on 29 January 2015. The stock had hit a 52-week low of Rs 629.60 on 14 February 2014.
The stock had outperformed the market over the past one month till 13 February 2015, surging 10.62% compared with Sensex's 6.09% rise. The scrip had also outperformed the market in past one quarter, jumping 16.33% as against Sensex's 4.13% rise.
The large-cap private bank has equity capital of Rs 500.71 crore. Face value per share is Rs 2.
HDFC Bank's net interest income rose 23% to Rs 5699.90 crore in Q3 December 2014 over Q3 December 2013. Net interest margin (NIM) improved to 4.4% in Q3 December 2014, from 4.2% in Q3 December 2013.
The bank's other income (non-interest revenue) rose 18% to Rs 2534.90 crore in Q3 December 2014 over Q3 December 2013.
HDFC Bank's gross non-performing assets (NPAs) were at 0.99% of gross advances as on 31 December 2014, as against 1.02% as on 30 September 2014 and 1.01% as on 31 December 2013. Net NPAs were at 0.26% of net advances as on 31 December 2014. Total restructured loans (including applications under process for restructuring) were at 0.1% of gross advances as of 31 December 2014 as against 0.2% as of 31 December 2013.
Provisions and contingencies rose 44.13% to Rs 560.40 crore in Q3 December 2014 over Q3 December 2013.
HDFC Bank's current account and savings account (CASA) mix was 40.9% as on 31 December 2014.
The bank's total Capital Adequacy Ratio (CAR) as per Basel III guidelines as at 31 December 2014 stood at 15.7% as against a regulatory requirement of 9%. Of this, Tier-I CAR was 11.97%.
HDFC Bank had on 5 February 2015 made concurrent Qualified Institutions Placement (QIP) of 1.87 crore equity shares at Rs 1,067 per equity share and a public offering of 2.20 crore American Depository Shares (ADSs), each representing three equity shares, at a price of $57.76 per ADS. The aggregate funds received from these issuances were Rs 9766 crore, HDFC Bank said.
As of 31 December 2014, HDFC Bank's distribution network was at 3,659 branches and 11,633 ATMs in 2,287 cities/towns.
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