Housing mortgage lender HDFC today reported a 22% y-o-y growth in net profit to Rs 844.53 crore for the April-June quarter of the current fiscal.
The Housing Development Finance Corporation Ltd (HDFC) had a profit of Rs 694.59 crore in the June quarter of 2010-11.
The company's total income rose to Rs 3,821.60 crore during Q1 2011-12, from Rs 2,801.95 crore in the corresponding period last fiscal.
The loan disbursement during the quarter grew by 20% while the lender's loan book increased to Rs 1,24,168 crore, from Rs 1,01,625 crore at the end of June 30, 2010.
As at June 30, 2011, the total assets of HDFC stood at Rs 1,41,589 crore, an increase of 22% over the same period of previous fiscal.
Shares of HDFC were trading at Rs 713.50, down 1.27% over previous close on the BSE.
