ALSO READHDFC Bank Q1 net up 20% at Rs 3,893 cr on strong revenue growth HDFC Bank standalone net profit rises 20.13% in the September 2017 quarter HDFC Q1 net profit at Rs 1,556 cr; gross NPAs rise to 1.12% The income pyramid is hard to dig into Narayana Murthy's mantra for CEOs to scale up companies' growth
Mortgage lender HDFC Ltd on Modnay 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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)