MUMBAI, Jan 21 (Reuters) - Housing Development Finance Corp
(HDFC), India's biggest mortgage lender, reported a 16
percent rise in net profit for the Oct-Dec quarter on Monday,
missing market estimates.
Standalone net profit for the fiscal third quarter was 11.4
billion rupees ($211.84 million) compared with 9.81 billion
rupees a year ago. Total income rose 17 percent to 52.42 billion
rupees over the same period.
Analysts expected HDFC to post a net profit of 11.96 billion
rupees, according to Thomson Reuters I/B/E/S.
($1 = 53.8150 Indian rupees)
(Reporting by Aditi Shah; Editing by Prateek Chatterjee)