HDFC Q1 net up 25.6% to Rs.372.81 Crores

Housing Development Finance Corporation Ltd (HDFC) has announced the following Unaudited results for the quarter ended June 30, 2007.

The Company has posted a net profit of Rs 3728.10 million for the quarter ended June 30, 2007 as compared to Rs 2968.20 million for the quarter ended June 30, 2006. Total Income has increased from Rs 12485.30 million for the quarter ended June 30, 2006 to Rs 18303.90 million for the quarter ended June 30, 2007.

The company has reported an Earnings Per Share (EPS) of Rs.14.7 for the Quarter ending June 30, 2007 compared to Rs.11.87 for Quarter ending June 30, 2006.

The stock was trading at Rs.1952.70, down by Rs.22 or 1.11%. The stock hit an intraday high of Rs.1968 and low of Rs.1934.95. The total traded quantity was 44231 compared to 2 week average of 107859.

Source : Equity Bulls

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