HDFC Q2 net profit up 8.8% to Rs2,064 crore
Moneylife Digital Team 22 October 2014

HDFC said during the September quarter, its loan book rose by 14.6% to Rs2.12 lakh crore, as compared to Rs1.85 lakh crore same period last year

 

Housing mortgage lender Housing Development Finance Corporation Ltd (HDFC) on Wednesday said its second quarter net profit rose on higher revenues.

 

For the quarter to end-September, HDFC said its net profit rose to Rs2,064.4 crore from Rs1,891.2 crore, while its total revenues, including interest income, increased to Rs11,644.1 crore from Rs9,982.7 crore, same period last year.

 

On a standalone basis, the home loan provider said its net profit increased 7.2% to Rs1,357.6 crore from Rs1,266.3 crore and total revenues rose to Rs6,670.7 crore from Rs5,954 crore, a year ago period.

 

HDFC said during the September quarter its, loan book rose by 14.6% to Rs2.12 lakh crore, as compared to Rs1.85 lakh crore reported in the corresponding quarter of last fiscal.

 

HDFC closed Wednesday marginally up at Rs1,030 on the BSE, while the 30-share Sensex ended the day 211 points up at 26,787.

Comments
Array
Free Helpline
Legal Credit
Feedback