HDFC reports 24% rise in Q2 consolidated net profit

Housing Development Finance Corporation (HDFC) has reported results for second quarter ended September 30, 2022.

HDFC corners
HDFC corners

The company has reported a rise of 17.82% in its net profit at Rs 4454.24 crore for the quarter under review as compared to Rs 3780.50 crore for the same quarter in the previous year. Total income of the company increased by 22.98% at Rs 15035.99 crore for Q2FY23 as compared Rs 12226.39 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 24.20% in its net profit at Rs 7042.89 crore for the quarter under review as compared to Rs 5670.47 crore for the same quarter in the previous year. Total income of the company increased by 13.79% at Rs 43927.29 crore for Q2FY23 as compared Rs 38603.51 crore for the corresponding quarter previous year.

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