HDFC July-September quarter consolidated net profit spurts 17% to Rs 2,869 cr

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. [caption id=“attachment_4183993” align=“alignleft” width=“380”] Screengrab[/caption] 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.