MUMBAI: Housing Development Finance Corp (HDFC), India biggest mortgage lender, reported flat profit for the July-September quarter on Monday, meeting market estimates.
Stand alone net profit for the fiscal second quarter was 11.51 billion rupees ($213.80 million) compared with 9.71 billion rupees a year ago, and total income rose 27 percent to 52.7 billion rupees over the same period.
Analysts expected HDFC to post net profit of 11.48 billion rupees, according to Thomson Reuters I/B/E/S.
Comments
Comments are closed.