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HDFC had reported a net profit of Rs. 2,861.58 crore, up 26.80 per cent compared to the year-ago period.

HDFC had reported a net profit of Rs. 2,861.58 crore, up 26.80 per cent compared to the year-ago period.

HDFC or Housing Development Finance Corporation on Friday reported a net profit of Rs. 3,203.10 crore for the April-June period. That marked an increase of 46.26 per cent compared to the corresponding period a year ago. In a regulatory filing during market hours, HDFC said its revenue from operations stood at Rs. 12,990.29 crore in the quarter ended June 30, up 30.59 per cent compared to the year-ago period. 

Shares in HDFC rose nearly 3 per cent after the earnings announcement. 

At 2:31 pm, the HDFC stock traded 2.40 per cent higher at Rs. 2137.60 apiece on the BSE, outperforming the benchmark Sensex index which was up 0.54 per cent. 

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