HDFC Q2 net up 8.8% at Rs 2,064 cr

Its consolidated income increased to Rs 11,644.08 crore for Q2, 2014-15

Press Trust of India New Delhi
Last Updated : Oct 22 2014 | 5:10 PM IST
Private sector housing mortgage lender HDFC Ltd has reported 8.8% rise in consolidated net profit at Rs 2,064.36 crore for the second quarter ended September 30, 2014-15.

The company had posted net profit of Rs 1,891.17 crore for the July-September quarter of 2013-14.

Its consolidated income increased from Rs 9,982.71 crore in Q2 of last fiscal to Rs 11,644.08 crore for Q2, 2014-15, it said in a filing to BSE.

Also Read

On standalone basis, the Q2 net income rose by 7.2% to Rs 1,357.56 crore, over Rs 1,266.33 crore in the year-ago period.

"Total income has increased from Rs 5,953.98 crore for the quarter ended September 30, 2013 to Rs 6,670.67 crore for the quarter ended September 30, 2014," it said.

HDFC scrip closed 1.01% higher at Rs 1,031.70 on the BSE today.
*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: Oct 22 2014 | 4:40 PM IST

Next Story