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HDFC Ltd reports net increase of 27% for Q1 to Rs 2,797 crore

On Wednesday, HDFC Ltd which is a largest mortgage player of the country has reported a 26.86 percent increase in its consolidated net profit at Rs 2,796.92 crore.

Its consolidated net profit for the April-June quarter of the last fiscal stood at Rs 2,204.29 crore.

Its income from operations increased to Rs 13,516.99 crore for the first quarter ended June 30, 2016-17 as compared to Rs 11,397.29 crore of the previous year.

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