Mortgage lender HDFC Ltd on Monday reported a 24.3 per cent rise in consolidated net profit to Rs 4,196.48 crore for the third quarter ended December. It had posted a net profit (before adjustment for minority interest) of Rs 3,377.05 crore during the corresponding October-December period of 2018-19. Total income on consolidated basis rose to Rs 29,073.19 crore during the quarter as against Rs 24,653.15 crore in the year-ago period.
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Mortgage lender HDFC Ltd on Monday reported a 24.3 per cent rise in consolidated net profit to Rs 4,196.48 crore for the third quarter ended December. It had posted a net profit (before adjustment for minority interest) of Rs 3,377.05 crore during the corresponding October-December period of 2018-19. Total income on consolidated basis rose to Rs 29,073.19 crore during the quarter as against Rs 24,653.15 crore in the year-ago period.
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HDFC Bank on Saturday reported a 26.8 per cent year-on-year (YoY) rise in standalone net profit at Rs 6,345 crore for the September quarter after providing Rs 2,652.40 crore for taxation.The private lender had reported Rs 5,005.73 crore profit in the corresponding quarter last year. Analysts in an ET NOW poll had projected profit at Rs 6,100 crore.India’s most-valued lender reported a 14.89 per cent rise in net interest income (NII) at Rs 13,515.0 crore crore compared with Rs 11,763.4 crore in the same quarter last year. Net interest margin (NIM) for the quarter came in at 4.2 per cent.
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Axis Bank on Thursday reported net profit of Rs 1,505.06 crore for quarter ended March 31. The private lender had reported a loss of Rs 2,188.74 crore in the corresponding quarter last year.
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Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.
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Sensex rises 169 pts on gains in bank, auto stocks; Nifty tops 11,950; PCJ jumps 12%, YES Bank 6%.
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Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.
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Mortgage lender HDFC on Monday reported a 60.57 per cent year-on-year jump in standalone profit at Rs 3,961.53 crore for the September quarter. The lender had reported Rs 2,467.08 crore profit in the same quarter last year.
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Infosys on Friday beat Street estimates to report a 23.49 per cent year-on-year rise in profit at Rs 4,457 crore compared with Rs 3,609 crore posted for the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 4,204.50 crore.
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InterGlobe Aviation -- parent company of IndiGo airline -- on Monday reported a whopping 168 per cent rise in its third quarter (Q3 FY20) consolidated net profit at Rs 496 crore on the back of increasing load factor and higher operating income. In Q3 FY19, it had posted net profit of Rs 185 crore. During the September quarter of current fiscal (Q2 FY20), the budget airline had reported its highest ever quarterly loss of Rs 1,066 crore.
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What is Wheat Beer? | व्हीट बीयर क्या है?
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