The housing finance company had posted a net profit of ₹2,113.80 crore in the same quarter previous fiscal, HDFC said in a filing to the Bombay Stock Exchange. During the quarter, HDFC has made provisions of ₹2,995 crore from ₹116 crore in the year-ago period and ₹754 crore in the quarter ended 30 September, 2019. The growth in the total loan book was 14%. The gross non-performing loans as at December 31, 2019 stood at ₹5,950 crore, equivalent to 1.36% of the loan portfolio. The spread on the individual loan book was 1.93% and on the non-individual book was 3.14%.

Source: Mint January 27, 2020 11:53 UTC