Housing Development Finance Corporation (HDFC), leading housing finance provider, reported a rise of 9.72% in first quarter profit.
The bank reported a consolidated profit of 18.73 billion for the quarter ended Jun. 30, 2014, compared with 17.07 billion, a year ago.
Quarterly income totaled at Rs. 100.6 billion, an increase of 18.59% over 84.83 billion in the same period a year ago.
Shares of the bank gained Rs 29.1, or 2.97%, to trade at Rs 1,010.15. The total volume of shares traded was 140,241 at the BSE (3.16 p.m., Monday).