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  Business   Companies  30 Oct 2017  HDFC records 17.3 per cent leap in Q2 net profit

HDFC records 17.3 per cent leap in Q2 net profit

PTI
Published : Oct 30, 2017, 2:57 pm IST
Updated : Oct 30, 2017, 2:57 pm IST

The company had registered consolidated net profit of Rs 2,446.21 crore in July-September of 2016-17.

HDFC Ltd on Monday reported a jump of 17.3 per cent in its consolidated net profit at Rs 2,869.41 crore for the second quarter ended September. (Photo: Youtube Screengrab)
 HDFC Ltd on Monday reported a jump of 17.3 per cent in its consolidated net profit at Rs 2,869.41 crore for the second quarter ended September. (Photo: Youtube Screengrab)

Mumbai: Mortgage lender HDFC Ltd on Monday reported a jump of 17.3 per cent in its consolidated net profit at Rs 2,869.41 crore for the second quarter to September.

The company had registered consolidated net profit of Rs 2,446.21 crore in July-September of 2016-17.

Total income (consolidated) increased to Rs 16,583.10 crore during the reported quarter, from Rs 14,526.69 crore in the same period a year earlier, it said in a regulatory filing.

On a standalone basis, HDFC Ltd reported a growth of 15 per cent in net profit at Rs 2,101.12 crore in the second quarter of 2017-18, from Rs 1,826.50 crore in the same period last year.

Income (standalone) also rose to Rs 8,760.92 crore, from Rs 8,103.15 crore a year earlier.

The stock traded 0.86 per cent up at Rs 1,808.55 on the BSE.  

Tags: hdfc, q2 earnings
Location: India, Maharashtra, Mumbai (Bombay)