Q2: HDFC net at Rs 663.94, up 24 pc

Posted By: Staff
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Mumbai, Oct 12: Announcing its Q2 numbers, Housing Development Finance Corporation (HDFC) posted a net growth of 24.3 per cent on a Year on Year (YoY) basis.

HDFC's net profit for the quarter ended Sep 30, 2009 stood at Rs 663.94 crore as opposed to Rs5.34bn in the same period previous year. The Q2 net profits also includes the sale of investments worth Rs 612.9 mn.

Indias first and largest mortgage finance company posted a total income of Rs 28.5 billion against Rs 26.2 billion accounting for an increase of 8.7 per cent (YoY).

And the company"s Q2 earnings per share (EPS) was at Rs 22.79 versus Rs 18.4 per share.

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