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Q1 Results: HDFC’s Profit Jumps, Meets Estimates 

HDFC’s Q1 profit rose 46.3 percent year-on-year to Rs 3,203 crore.

Divya Grover
Information leaflets are displayed at a Housing Development Finance Corp. (HDFC) bank branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Housing Development Finance Corporation Ltd.’s profit jumped meeting estimates in a quarter the mortgage lender sold stake in its subsidiary Gruh Finance Ltd.

Also Read: HDFC Chairman Deepak Parekh Says Slowdown Temporary As Demand For Assets Growing

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