MUMBAI, India (AP) _ HDFC Bank Ltd. (HDB) on Sunday reported net income of $1.01 billion in its fiscal second quarter.
The Mumbai, India-based bank said it had earnings of 55 cents per share.
The financial services provider posted revenue of $5.18 billion in the period. Its revenue net of interest expense was $3.15 billion, which beat Street forecasts.
HDFC Bank shares have fallen 12% since the beginning of the year. The stock has decreased almost 3% in the last 12 months.
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