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HDFC reports 20% rise in Q2 consolidated net profit

21 Oct 2013 Evaluate

Housing Development Finance Corporation (HDFC) has reported results for the second quarter ended September 30, 2013.

The company has reported 10.01% rise in its net profit after tax at Rs 1266.33 crore for the quarter as compared to Rs 1151.12 crore for the same quarter in the previous year. Total income of the company has increased by 12.82% at Rs 5953.98 crore for quarter under review as compared to Rs 5277.20 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit after tax attributable to the corporation and its subsidiaries for the quarter under review registered 20.08% growth at Rs 1891.17 crore against Rs 1574.90 crore in the September quarter of previous fiscal. Group’s total income surged by 14.98% at Rs 9982.71 crore for the quarter from Rs 8682.29 crore in the similar quarter of previous year

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