HDFC Q1 net up 18.5% at Rs 1,002 crore compared to Rs 844.53 crore in the year ago period, Latest Stock Price
The country's largest mortgage lender HDFC today reported 18.6% rise in net profit at Rs 1,002 crore during the April-June quarter, over the year ago period, because of healthy growth in advances.
"Our net profit rose to Rs 1,001.9 crore for the June quarter, compared to Rs 844.53 crore in the year-ago period. Total income increased to Rs 4,942.31 crore from Rs 3,821.6 crore during the year ago quarter," HDFC Chairman Deepak S Parekh told the shareholders at the annual general meeting here this afternoon.
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