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HDFC’s Net Profit Rises 23%

HDFC has declared the results of the 3rd Quarter which ended on 31st December 2009. During the quarter, company’s net profit was Rs 671.25 crores.

During the quarter, HDFC’s net income reduced to Rs. 2,762.21 crores as compared to Rs 2,924. 8 crores earned during the same quarter previous year.

As per a statement sent to BSE (Bombay Stock Exchange), HDFC has informed the exchange,that, during the 9 month time-span, its net profit increased 22.64 % and stood at Rs 1900 crores

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