HDFC Q4 net profit rises over 17% to Rs 2,083 crore

HDFC shares were trading at Rs 877.50 apiece post-noon on the BSE.

Mortgage major HDFC today said consolidated net profit increased by 17.2 per cent to Rs 2,083.12 crore for the quarter ended March 31,2013.

Its consolidated net profit during the same quarter (January-March) a year ago stood at Rs 1,776.74 crore.

Total income during the last quarter of 2012-13 increased to Rs 11,042.88 crore from Rs 9,278.11 crore in the same period of the previous fiscal,it said in a BSE filing.

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For the full fiscal ended March 31,2013 the company’s consolidated net profit stood at Rs 6,639.72 crore,up from Rs 5,462.51 crore. Total income during the fiscal increased to Rs 35,986.93 crore from Rs 30,302.86 crore.

On standalone basis,net profit during January-March quarter of 2012-13 stood at Rs 1,555.21 crore,up from Rs 1,326.14 crore,while total income stood at Rs 5,677.71 crore over Rs 4,891.03 crore a year earlier.

HDFC has declared dividend of Rs 12.50 per share.

HDFC shares were trading at Rs 877.50 apiece post-noon on the BSE,up 2.90 per cent from their previous close.