Net profit rose to 14.25 billion rupees in the October-December quarter from a year earlier, HDFC said on Thursday.

Analysts were expecting a net profit of 14.27 billion rupees, according to media.
Income from operations increased 13 percent in the fiscal third quarter to 67.58 billion rupees, the company said in a statement to the stock exchange.
HDFC said its loan book grew about 14 percent to 2.2 trillion rupees at the end of December 2014 and its non-performing loans fell to 0.69 percent of the loan portfolio compared with 0.77 percent a year earlier.

Net interest margin, a key measure of profitability, fell to 3.93 percent for the nine months ended December, compared with 3.99 percent from a year earlier, HDFC CEO Keki Mistry said in a TV interview.

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