HDFC Q2 net rises 24% at Rs 664 crore
Housing Development Finance Corporation (HDFC) has revealed that it has clocked a decent growth of 24% in its net profit for the second quarter ended September 30, 2009.
During the latest quarter, finance major's net profit figure stood at Rs 664 crore as compared to Rs 534 crore in the corresponding period last fiscal.
The total income of the financial major has surged 8.76% to Rs 2,850 crore for the review quarter as against Rs 2,620 crore in the three month period ended September 30, 2008.
On half-yearly basis, the bank has posted a decent growth of 22.60% in its net profit which stood at Rs 1,228.86 crore as compared to Rs 1,002.34 crore in the year-ago period.