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HDFC Q1 net up 21% at Rs 565 cr

This article was posted on Jul 22, 2009 and is filed under Stock News

Housing Development Finance Corporation Ltd (HDFC) today reported 20.68 per cent growth in net profit at Rs 564.92 crore for the first quarter ended June 30, 2009.

The bank had a net profit of Rs 468.11 crore in the June quarter of the last fiscal, HDFC Ltd said in a filing to the Bombay Stock Exchange(BSE).

Total income rose 23 per cent to Rs 2,849.07 crore during the June quarter, from Rs 2,318.62 crore in the corresponding period a year-ago.

Shares of HDFC ended the day at Rs 2,410 on the BSE, down 4.43 per cent over the previous close.

source: Business-Standard

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