HDFC Q2 revenues seen up 17% at Rs 1469 cr

By Avni Raja, CNBC-TV18

Housing finance company HDFC is set to report a growth of 17% YoY in profit after tax of Rs 944.7 crore for the quarter ended September 2011 as against Rs 807.5 crore in same quarter the previous year. Net revenues are expected to go up by 17.3% to Rs 1,469 crore from Rs 1,252.7 crore year-on-year. Total income is seen going up by 37% to Rs 4,090 crore from Rs 2,970 crore year-on-year. Factors to watch Spreads are likely to be maintained at 2.3%