Housing Development Finance Corporation (NSE: HDFC) reported its third-quarter 2022 results.
The company reported a net profit of ₹3,261 crores with a growth of 11.44% year on year.
HDFC had a total income of ₹11,792 crores with a rise of 1% compared to the previous year.
HDFC’s gross non-performing asset ratio stood at 2.32%, up 32 basis points sequentially. This includes loans worth ₹2,746 crore that was not 90 days past due but was classified as NPA.