Housing Development Finance Corporation (HDFC), India's largest mortgage lender, announced a marginal rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 1.21% to Rs 13,609.80 million from Rs 13,446.60 million in the same quarter previous year.
Standalone revenues for the quarter rose 9.40% to Rs 70,682.80 million, compared with Rs 64,612 million for the prior year period.
Operating income for the quarter was Rs 19,411.60 million, compared with Rs 19102.2 million in the previous year period. Earnings per share for the quarter stood at Rs 8.56, registering 0.12% growth over previous year period.
On consolidated basis, HDFC disclosed a steady growth in net profit for the June quarter. During the quarter, the profit of the company rose 17.69% to Rs 22,042.90 million from Rs 18,729.00 million in the same quarter previous year.
Consolidated revenues for the quarter rose 13.77% to Rs 114,406.20 million, compared with Rs 100,561 million for the prior year period.
Operating income for the quarter was Rs 24,491.60 million, compared with Rs 21247.3 million in the previous year period. Earnings per share for the quarter stood at Rs 13.86, registering a 16.37% growth over previous year period.
Shares of the company declined Rs 29.9, or 2.24%, to trade at Rs 1,305.35. The total volume of shares traded was 75,435 at the BSE (3.10 p.m., Tuesday).