HDFC Q3 net profit jumps 27.5% to Rs 1,706-cr on sound loan growth

Jan 21 2013, 21:23 IST
Comments 0
Housing finance major HDFC today reported a 27.55 per cent jump in net profit at Rs 1,705.83 crore for the third quarter ended December 31, 2012.  (Reuters) Housing finance major HDFC today reported a 27.55 per cent jump in net profit at Rs 1,705.83 crore for the third quarter ended December 31, 2012. (Reuters)
SummaryTotal income of the company soared 58.75 per cent to Rs 10,128.58 crore.

25 basis points (0.25 per cent), which may be followed up in the next policy review in March.

He also said he does not expect a CRR (cash reserve ratio) cut on January 29.

Stocks More on HDFC

Company INFO More on HDFC

HDFC Q3 net profit up 16%, misses forecast

(Reuters): Housing Development Finance Corp (HDFC), India's biggest mortgage lender, reported a 16 percent rise in net profit for the Oct-Dec quarter on Monday, missing market estimates.

Standalone net profit for the fiscal third quarter was 11.4 billion rupees ($211.84 million) compared with 9.81 billion rupees a year ago.

Total income rose 17 percent to 52.42 billion rupees over the same period.

Analysts expected HDFC to post a net profit of 11.96 billion rupees, according to Thomson Reuters.

Single Page Format
Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...