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HDFC Q2 net dips 57% to Rs 4,600 crore

Mortgage lender HDFC Ltd on Monday said its consolidated net profit declined by 57.5% to Rs 4,600 crore in the July-September quarter of 2020-21.

The consolidated profit after tax attributable during the corresponding three months of 2019-20 stood at Rs 10,389 crore, HDFC said.

Total income on a consolidated basis rose to Rs 34,090.45 crore in the said quarter from Rs 32,850.89 crore a year ago.