HDFC records 60% dip in net profit for Q3

2019-01-29 1 Dailymotion

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Housing Development Finance Corporation Ltd (HDFC) on Tuesday reported a 60% decline in net profit at ₹2,114 crore during the October-December quarter, against ₹5,300 crore. This was lower than analyst estimates of ₹2,170 crore, according to Reuters.

Revenue from operations stood at ₹10,450 crore during the third quarter, from ₹8,679 crore in the same period last financial year.

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