Housing Development Finance Corporation (NSE: HDFC) reported its Q2 2022 earnings results today.
The company recorded a rise of 7% in its total revenue to ₹387.5 billion year on year.
HDFC reported a net profit of ₹88.3 billion or ₹15.9 per share compared to ₹75.1 billion or ₹13.6 per share in the same quarter of the previous year.
HDFC’s assets under management stood at₹5.97 trillion at the end of the September quarter as against ₹5.40 trillion in the year-ago quarter. The housing finance company posted a 17% YOY growth in net interest income in the quarter.