HDFC Q3 net surges 13.4% to Rs 1,935 cr

Mortgage lender HDFC on Wednesday reported a 13.4 per cent rise in net profit for the third quarter ended December 31, 2013 to Rs 1,934.84 crore from the comparable net profit of Rs 1,705.83 crore in the year-ago period.

   During the quarter under review, HDFC's total income increased to Rs 10,052.98 crore from the corresponding quarter in the last fiscal at Rs 8,873.25 crore, said the company in a filing with BSE.

   The company's income from operation rose to Rs 6,344.07 crore during the quarter, from Rs 5,538 crore in the same period a year ago.

   On a standalone basis, HDFC's net profit grew by 12 per cent to Rs 1,277.71 crore as against Rs 1,140.10 crore in the October-December quarter of previous fiscal.  Its total income too rose to Rs 6,019.80 crore during the three-month period, from Rs 5,250.40 crore in the corresponding quarter of last fiscal.

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