HDFC Q1 net up 21% at Rs 565 cr

HDFC has reported 20.68 per cent growth in net profit at Rs 564.92 crore for the first quarter ended June 30, 2009.

Updated: Jul 22, 2009, 17:31 PM IST

Mumbai: Housing Development Finance
Corporation Ltd (HDFC) on Wednesday 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.

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 were trading at Rs 2,428 on the BSE, down
3.72 per cent over the previous close.

Bureau Report

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