HDFC Q12014 net profit at Rs 1173 crores

Business

oi-Sunil

By Sunil Fernandes

Published: Friday, July 19, 2013, 14:35 [IST]

HDFC net profits for Q1 2014 have come in at Rs 1173 crores for Q1 2014, as against Rs 1002 crores in the corresponding period of last year. The results were largely in line with expectations, though the stock fell, which was largely to do with poor sentiments for banking and finance stocks.

Total segment revenues for the quarter have come in at Rs crores 8525 crores, as against Rs 7606 crores in the corresponding period of last year.

As at June 30, 2013 the company's loan book was Rs 1,76,993 crores, as against Rs 1,48,262 crores as at the end of June 30, 2012.

The shares were last trading at Rs 809, down 1.63 per cent over Thursday's close.

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