HDFC reports 5% rise in Q1 consolidated net profit
2nd Aug 2019

Housing Development Finance Corporation (HDFC) has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 46.26% in its net profit at Rs 3,203.10 crore for the quarter under review as compared to Rs 2,190.00 crore for the same quarter in the previous year. Total income of the company increased by 30.59% at Rs 12,996.11 crore for Q1FY20 as compared Rs 9,951.98 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.17% in its net profit at Rs 3,094.38 crore for the quarter under review as compared to Rs 2,942.26 crore for the same quarter in the previous year. Total income of the company increased by 17.53% at Rs 23,239.82 crore for Q1FY20 as compared Rs 19773.43 crore for the corresponding quarter previous year.