HDFC Q1 net profit rises 46 pc to Rs 3,203 cr

The country's largest mortgage lender HDFC Ltd on Friday reported a 46 per cent rise in standalone net profit to Rs 3,203.10 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 2,190 crore during the corresponding April-June period of 2018-19.

Total income (Standalone) increased to Rs 12,996.11 crore in the first quarter, as against Rs 9,951.98 crore in the same period of the preceding fiscal, HDFC Ltd said in a regulatory filing.

Stock of HDFC traded at Rs 2,125.20 on the BSE, up 1.80 per cent from previous close.