Housing Development Finance Corporation (HDFC) is looking to raise at least Rs 200 crore through 1-year, 1-day zero coupon bonds, yielding 9.85 percent on maturity. The pay-in date for the issue is July 4 and Barclays Capital is an arranger to the deal.
The company’s net profit after tax for the quarter ended March 31, 2011 has surged by 23.27% at Rs 1141.95 crore as compared to Rs 926.38 crore for the quarter ended March 31, 2010. Its total income has surged by 30.54% from Rs 2899.32 crore for the corresponding quarter of the previous year to Rs 3784.86 crore for the quarter under review.
The company’s net profit after tax for the year ended March 31, 2011 has grown by 25.06% at Rs 3534.96 crore as compared to Rs 2826.49 crore for the Year ended March 31, 2010. Its total Income has increased by 13.35% at Rs 12878.07 crore for the year under review from Rs 11360.83 crore for the previous year.
