Housing mortgage lender HDFC has reported a 22 per cent y-o-y growth in net profit at Rs 844.53 crore for the April-June quarter of the current fiscal against Rs 694.59 crore in the June quarter of 2010-11 fiscal.
The company’s total income rose to Rs 3,821.60 crore during Q1 of 2011-12 fiscal from Rs 2,801.95 crore in the corresponding period last fiscal.
As on June 30, 2011, the total assets of HDFC stood at Rs 1,41,589 crore, an increase of 22 per cent over the same period of the previous fiscal.
Loan disbursement during the quarter grew by 20 per cent while the loan book increased to Rs 1,24,168 crore from Rs 1,01,625 crore.
Meanwhile, the company shares ended the session today down 1.58 per cent at Rs 711.25 on the BSE.