HDFC Reports Q4FY19 Profit At Rs. 2,861.6 crore

The housing major HDFC reported its earnings for the quarter ended March which came in higher with net profit at Rs. 2,861.6 crore versus CNBC-TV18 poll of Rs 2,576.2 crore

Revenue also came in higher by 24.3% (YOY) at Rs 11,580 crore versus in the same quarter a year ago of Rs 9,317 crore .

Net interest income rose 27 percent to 2,862 crore.

 HDFC Reports Q4FY19 Profit At Rs. 2,861.6 crore

After the announcement of the results, the stock of HDFC gained to 1.4 percent to Rs 1,958.75.

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