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HDFC Q2 net up 10% at Rs 1,266 crore

Last Updated: Mon, Oct 21, 2013 09:07 hrs
HDFC, Housing Development Finance

HDFC today posted a net profit after tax of Rs 1,266 crore for the quarter ended September 30, 2013 as compared to Rs 1,151 crore for the quarter ended September 30, 2012.

Total income increased from Rs 5,277 crore for the quarter ended September 30, 2012 to Rs 5,954 crore for the quarter ended September 30, 2013.

Income from operations was Rs 5,859 crore against Rs 5,175 crore y-o-y.

Loan book was up 19% at Rs 1.84 lakh crore as on Sept 30.

The H1 net interest margin was at 4.1% while NII was at Rs 1,579 crore.

Q2 Gross NPLs was at 0.79% vs 0.77% QoQ.

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