HDFC revenues come in at INR 51.75 B a topline jump of just under 30% from the year ago INR 40.77B as theInsurance dividend likely makes the difference and the rerating of India without economic and fiscal downgrade threats can resume in earnest.
PAT jumped to INR 11.51B at HDFC and NII will still make a bulk of the topline with 4.2% NIMs intact. Costs are up lower than Revenues incl interest costs at INR 35.41 B vs 27B
Loan Book is INR 1.55 T up 22% over the year plus INR 56.3 B sold to HDFC Bank Retail assets up 31% groing the pace of growth to “the good times”
L&T Order book is INR !.58 Tln over INR 21 B in pipe spilling from Q2 to the December quarter. L&T Revenues reached nearer a $3 Bln topline at INR 132B from hardly $2B or INR 112B Profits (PAT/Net) are up almost 40% on an exceptional addition of INR 2.14 from sale of subsidiary to the bottomline to INR 11.4 B from INR 8 B