Housing Development Finance Corporation (HDFC) on Monday released it Q2 FY2021 results. The company reported a net profit of Rs 2,870.12 crore compared to a profit of Rs 3,961.53 crore for the corresponding quarter last year.
The Mumbai based company’ net interest income (NII) increased by 21% YoY to Rs 3,647 crore. The non-moratorium customers stood at 99.5% of the total borrowers. The private lender recorded gross non-performing loans at Rs 8,511 crore, equivalent to 1.81%.
The company reported EPS of Rs 25.99 for the September period, compared to Rs.20.78 for the period ended June 30, 2020. The assets under management (AUM) stood at Rs 5,40,270 crore compared to Rs 4,90,072 crore in the corresponding period previous year. Individual loans comprised 75% of the AUM.
