Housing Development Finance Corporation (HDFC) share price declined nearly 3 percent in the early trade on July 31, a day after the company announced a 4.7 percent year-on-year (YoY) fall in June quarter standalone net profit at Rs 3,051.5 crore.
The company had reported a net profit of Rs 3,203.10 crore in the June quarter of FY20.
The company's revenue came at Rs 13,017.7 crore in Q1FY21 against Rs 12,990.3 crore in the corresponding quarter of the previous year.
Net interest income (NII) for the June quarter came at Rs 3,392 crore, up 10.17 percent YoY against Rs 3,079 crore in Q1FY20. CNBC-TV18 poll expected NII at Rs 3,419.5 crore.