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HDFC earns Rs 263 crore profit on sale of investments during June 2021 quarter

03 Jul 2021 Evaluate

Housing Development Finance Corporation (HDFC) has earned Rs 263 crore as profit on sale of investments during the first quarter of the current financial year. Its profit on sale of investments during the June 2020 quarter had stood at Rs 1,241 crore.

HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.

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