Housing Development Finance Corporation (HDFC) has reported results for second quarter ended September 30, 2020.
The company has reported 27.55% fall in its net profit of Rs 2870.12 crore for the quarter under review as against net profit of Rs 3961.53 crore for the same quarter in the previous year. Total income of the company decreased 13.05% at Rs 11732.70 crore for Q2FY21 as compared Rs 13494.12 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 55.72% fall in its net profit attributable to owners at Rs 4599.68 crore for the quarter under review as against net profit of Rs 10388.61 crore for the same quarter in the previous year. However, total income of the company increased by 3.77% at Rs 34090.45 crore for Q2FY21 as compared Rs 32850.89 crore for the corresponding quarter previous year.
