HDFC’s net profit surges by 22% for Q1FY12

Housing Development Finance Corporation (HDFC) has reported unaudited results for the quarter ended June 30, 2011.

The Company’s profit after tax for the quarter ended June 30, 2011 has increased by 21.59% at Rs 844.53 crore as compared to Rs 694.59 crore for the quarter ended June 30, 2010. Its total Income has grown by 36.39% at Rs 3821.60 crore for the quarter under review from Rs 2801.95 crore for the quarter ended June 30, 2010.