HDFC reports 25% jump in Q2 standalone net profit to Rs 24.67 billion

Total income during the September quarter stood at Rs 112 bn, up from Rs 90 bn in the same period of the previous financial year

Q2 company results
Illustration by Ajay Mohanty
Press Trust of India New Delhi
Last Updated : Nov 02 2018 | 11:43 AM IST
Mortgage lender HDFC Ltd on Thursday reported 25 per cent rise in its standalone net profit to Rs 24.6708 billion in second quarter ended September 30.   

The company had registered a net profit of Rs 19.7819 billion in the corresponding period of 2017-18.

Total income during the September quarter stood at Rs 112.5696 billion, up from Rs 90.0737 billion in the same period of the previous financial year, HDFC Ltd said in a regulatory filing.

The consolidated figures were not provided by the company. 

Shares of HDFC traded at Rs 1,756.95 apiece on BSE, down 0.71 per cent from its previous close.  
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 01 2018 | 3:10 PM IST

Next Story