Income from operations grew by 11.5 percent to Rs 6,533 crore in the quarter ended September 2014 from Rs 5,859 crore in same quarter last year.
Housing finance company HDFC met street expectations with the second quarter net profit rising 7.2 percent year-on-year to Rs 1,357 crore compared to Rs 1,266 crore in the year-ago period, supported by other income but impacted by rise in provisions and deferred tax liability.
Net interest income surged 19 percent (beating street estimates) on yearly basis to Rs 1,955 crore in the quarter gone by.
Profit was expected at Rs 1,368 crore and net interest income at Rs 1,836 crore for the quarter, according to the average of estimates of analysts polled by CNBC-TV18.
Income from operations grew by 11.5 percent to Rs 6,533 crore in the quarter ended September 2014 from Rs 5,859 crore in same quarter last year.
Provisions and contingencies jumped 133 percent year-on-year to Rs 35 crore but sequentially it remained unchanged while other income of the housing finance company rose significantly to Rs 35.2 crore from Rs 8 crore during the same period.
HDFC has reported a deferred tax liability on special reserve at Rs 83.27 crore for the quarter compared to Rs 74.4 crore in corresponding quarter of last fiscal.
Housing Development Finance Corporation said its loan book stood at Rs 2.12 lakh crore as on September 2014, up 15 percent compared to Rs 1.85 lakh crore in the year-ago period.
At 14:11 hours IST, the stock was quoting at Rs 1,023.45, up Rs 2.10, or 0.21 percent on the BSE.
Anda sedang membaca artikel tentang
HDFC Q2 meets estimates, profit rises 7.2% to Rs 1,357 cr
Dengan url
http://sehatgayahidup.blogspot.com/2014/10/hdfc-q2-meets-estimates-profit-rises-72.html?m=0
Anda boleh menyebar luaskannya atau mengcopy paste-nya
HDFC Q2 meets estimates, profit rises 7.2% to Rs 1,357 cr
namun jangan lupa untuk meletakkan link
HDFC Q2 meets estimates, profit rises 7.2% to Rs 1,357 cr
sebagai sumbernya
0 komentar:
Posting Komentar