HDFC Q1 Outcomes: HDFC web revenue rises 22% to Rs 3,669 crore in June quarter | India Enterprise Information – Instances of India

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NEW DELHI: Mortgage lender HDFC Ltd on Friday reported a 22.2 per cent rise in its standalone web revenue to Rs 3,668.92 crore for the primary quarter ended June 30, on greater earnings pushed by sturdy mortgage disbursements. The corporate’s web revenue in the identical quarter a 12 months in the past stood at Rs 3,001 crore.
Its complete earnings through the June 2022 quarter elevated to Rs 13,248.73 crore in opposition to Rs 11,663.14 crore within the year-ago interval, HDFC stated in a regulatory submitting.
The corporate stated its particular person mortgage disbursements through the quarter rose 66 per cent.
The consolidated web revenue for the quarter stood at Rs 5,574 crore in comparison with Rs 5,311 crore.
HDFC stated it proposes to lift a world social mortgage of $1.1 billion, which is its first worldwide social mortgage from India and among the many largest globally.
Shares of HDFC Ltd traded at Rs 2,372.35 apiece on BSE, up 1.56 per cent.

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