HDFC reports 10.1% jump in Q3 net profit

Housing Development Finance Corporation Ltd. - (Amalgamated) | Finance - Housing | BFSI | BSE: 500010 | NSE: HDFC

12 Jan 2012 Evaluate

Mortgage lender HDFC has reported results for the third quarter ended December 31, 2011.

The company’s net profit for the quarter under review rose by 10.1% at Rs 981.25 crore as compared to Rs 890.88 crore for the quarter ended December 31, 2010. Its total income has increased by 34.67% to Rs 4,472.51 crore for the quarter under review from Rs 3,321.04 crore for the similar quarter of the previous year.

Gross non-performing loans stood at Rs 1,109 crore, or 0.82%, of total advances during the quarter.

Peers

Company Name	CMP
LIC Housing Finance	542.15
Housing & Urban Dev.	169.70
Piramal Finance	2202.40
Bajaj Housing Fin.	82.94
PNB Housing Finance	1131.95
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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