HDFC July-September quarter consolidated net profit spurts 17% to Rs 2,869 cr
HDFC's total income (consolidated) increased to Rs 16,583.10 crore during the reported quarter, from Rs 14,526.69 crore in the same period a year earlier
Mumbai: Mortgage lender HDFC on Monday reported a jump of 17.3 percent in its consolidated net profit at Rs 2,869.41 crore for the second quarter to September.
The company had registered consolidated net profit of Rs 2,446.21 crore in July-September of 2016-17.
Total income (consolidated) increased to Rs 16,583.10 crore during the reported quarter, from Rs 14,526.69 crore in the same period a year earlier, it said in a regulatory filing.
On a standalone basis, HDFC reported a growth of 15 percent in net profit at Rs 2,101.12 crore in the second quarter of 2017-18, from Rs 1,826.50 crore in the same period last year.
Income (standalone) also rose to Rs 8,760.92 crore, from Rs 8,103.15 crore a year earlier.
The stock traded 0.86 percent up at Rs 1,808.55 on the BSE.
Bharti Airtel's total revenue fell 11.7 percent to Rs 21,777 crore during the second quarter of 2017-18, from Rs 24,651.50 crore in the year-ago period
Tata Motors' consolidated revenue grew 10.34 percent to Rs 70,156 crore as against Rs 63,577 crore a year ago
Reliance Industries revenue rose 23.9 percent to Rs 1,01,169 crore in Jul-Sep quarter