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HDFC Q2 meets estimates, profit rises 7.2% to Rs 1,357 cr

Income from operations grew by 11.5 percent to Rs 6,533 crore in the quarter ended September 2014 from Rs 5,859 crore in same quarter last year.

HDFC Q2 meets estimates, profit rises 7.2% to Rs 1,357 cr

The News International Team

Housing finance company  HDFC met street expectations with the second quarter net profit rising 7.2 percent year-on-year to Rs 1,357 crore compared to Rs 1,266 crore in the year-ago period. Analysts had expected profit at Rs 1,368 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Income from operations grew by 11.5 percent to Rs 6,533 crore in the quarter ended September 2014 from Rs 5,859 crore in same quarter last year.

More to come…

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