HDFC Q2 net up 7% at Rs 1,357 cr

HDFC, a provider of housing finance in India, reported a 7% increase in net profit at Rs 1,357 crore for the quarter ending September 2014. It was Rs 1,266 crore in the same period a year ago.

The income from operations rose 11% to Rs 6,533 crore as against Rs 5,859 crore in September 2013.

On Wednesday at 1345 hours, the company's stock on BSE was trading 0.2% lower at Rs 1,019.