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HDFC Q4 profit jumps 27% to Rs 2,862 cr, beats estimates

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Housing Development and Finance Corporation (HDFCNSE 1.10 %) on Monday reported a 26.80 per cent year-on-year (YoY) rise in standalone net profit at Rs 2,861.58 crore for the March quarter, which was better than Rs 2,600 crore estimated by analysts in an ETNow poll. The lender earned Rs 321.01 crore from sale of investments during the quarter compared with 298.01 crore in the same quarter last year.

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