Housing finance company HDFC 's second quarter (July-September) matched expectations with the standalone net profit rising 10 percent year-on-year to Rs 1,266.33 crore.
Net interest income increased 14 percent on yearly basis to Rs 1,579 crore in the quarter gone by. Income from operations grew 13.2 percent to Rs 5,859.19 crore during September quarter from Rs 5,175.34 crore in a year ago period.
Dividend and profit on sale of investments declined to Rs 257.25 crore during second quarter from Rs 288.58 crore in a corresponding quarter of previous year. Total assets of the housing finance company increased 17 percent year-on-year to Rs 2.12 lakh crore in the quarter gone by.
Net interest income increased 14 percent on yearly basis to Rs 1,579 crore in the quarter gone by. Income from operations grew 13.2 percent to Rs 5,859.19 crore during September quarter from Rs 5,175.34 crore in a year ago period.
Dividend and profit on sale of investments declined to Rs 257.25 crore during second quarter from Rs 288.58 crore in a corresponding quarter of previous year. Total assets of the housing finance company increased 17 percent year-on-year to Rs 2.12 lakh crore in the quarter gone by.
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