HDFC profit rise by 11 pc

May 06, 2014 17:22
HDFC profit rise by 11 pc

Housing Development Finance Corporation [HDFC] Ltd reported a profit of 10.8 percent rise at at Rs 1,723.10 crore for the fourth quarter ended March, 2014 where as the total income rose from Rs 5,666.08 crores to Rs 6,620.33 crores and the Net Interest Margin of HDFC stood at 4.1 per cent.

The board proposed a dividend of Rs 14 per share on the face value of Rs 2 each for the financial year 2013-14. As at March, 2014, the loan book stood at Rs 1,97,100 crore as against Rs 1,70,046 crore in the previous year, an increase of 16 per cent.

(AW: Vamshi)

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