HDFC reports 33.80% rise in Q1 consolidated net profit

HDFC has reported results for first quarter ended June 30, 2013.

The company has reported 17.09% rise in its net profit after tax at Rs 1173.10 crore for the quarter as compared to Rs 1001.91 crore for the same quarter in the previous year. Total income of the company has increased by 12.60% at Rs 5564.94 crore for quarter under review as compared to Rs 4942.31 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a rise of 33.80% in its net profit after tax attributable to the Corporation and its Subsidiaries at Rs 1707.10 crore for the quarter as compared to Rs 1275.86 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 14.81% at Rs 8482.85 crore for quarter under review as compared to Rs 7388.51 crore for the quarter ended June 30, 2012.