Tuesday, July 10, 2012

HDFC profit expected to rise 18% to Rs 993 Crore, Latest Stock Price


HDFC profit expected to rise 18% to Rs 993 Crore, Latest Stock Price




 HDFC is expected to report an 18 percent YoY increase in profit after tax of Rs 993 crore for the first quarter of fiscal 2013.

The financial services major, which is scheduled to announce its first quarter results today, will likely report a net interest income (calculated as income from operations less interest expenses) of Rs 1543 crore, a 20 percent YoY increase.

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