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HDFC Q3 profit rises 12% to Rs 1701 cr, provisions spike 72%

Housing Development Finance Corporation (HDFC) said profit on standalone basis increased 11.88 percent year-on-year to Rs 1,701.21 crore in the quarter ended December 2016. It was impacted by higher provisions and tax cost but supported by net interest income growth.

first published: Jan 30, 2017 12:40 pm

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