net interest margin
The realty market is picking up after the change of the government in the center and that is evident in the financial balance sheet of HDFC Ltd. The Housing Development Finance Corporation (HDFC) on Monday reported a net profit of Rs 1,344.66 crore, up by 14.62 % year-on-year (Y-O-Y), for the quarter ending June 30, [...] Continue Reading »
A net profit of Rs. 370 crore for the quarter ended March 31, up 17.03% y-o-y, was posted by LIC housing on Monday. Compared to Rs.1,023.21 crore last year, net profit for FY14 stood at R1,317.19 crore, an increase of 29%. Net interest margins (NIM) for the entire year were at 2.25%, an increase of [...] Continue Reading »
The Housing Development Finance Corp. Ltd (HDFC) has said that its net profit rose by 19 per cent in the quarter ended June as a result of strong growth in individual home loan borrowing. HDFC’s June quarter net profit rose to Rs. 1,001.9 crore from Rs. 844.53 crore last year, while its loan book stood [...] Continue Reading »
