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Tuesday 18 October 2011

HDFC Earnings for Q2F12 Quarter

HDFC Earnings rose by 20% to Rs 970 crore. Assets from operations rose 28% to Rs 7,877.72 crore, from Rs 5703.68 crore a year ago. HDFC to accept a accommodation advance of 19-20% as banks are accepted to get aggressive. Profits from auction of investment rose 75% to Rs 103.14 crore. Net absorption assets (NII) rose 17% to Rs 2,672.28 crore at the end of September 2011 adjoin Rs 2,266.54 crore in the agnate aeon endure year. After affairs loans account Rs 4,989 crore to HDFC Bank, its absolute loans grew 19% from a year beforehand to Rs 1,26,992 crore.

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