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Mortgage lender HDFC Ltd on Friday reported a 22.2 per cent rise in its standalone net profit to ₹3,668.92 crore for the first quarter ended June 30, on higher income driven by robust loan disbursements.
The company's net profit in the same quarter a year ago stood at ₹3,001 crore.
Its total income during the June 2022 quarter increased to ₹13,248.73 crore against ₹11,663.14 crore in the year-ago period, HDFC said in a regulatory filing.
The company said its individual loan disbursements during the quarter rose 66 per cent.
The consolidated net profit for the quarter stood at ₹5,574 crore compared to ₹5,311 crore.
HDFC said it proposes to raise an international social loan of $1.1 billion, which is its first international social loan from India and among the largest globally.
Shares of HDFC Ltd traded at ₹2,372.35 apiece on BSE, up 1.56 per cent.
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