HDB Financial Services consolidated net profit declines 16.55% in the March 2022 quarter

Sales rise 0.96% to Rs 2916.40 crore

Net profit of HDB Financial Services declined 16.55% to Rs 427.00 crore in the quarter ended March 2022 as against Rs 511.70 crore during the previous quarter ended March 2021. Sales rose 0.96% to Rs 2916.40 crore in the quarter ended March 2022 as against Rs 2888.80 crore during the previous quarter ended March 2021.

For the full year,net profit rose 158.34% to Rs 1011.40 crore in the year ended March 2022 as against Rs 391.50 crore during the previous year ended March 2021. Sales rose 3.30% to Rs 11306.30 crore in the year ended March 2022 as against Rs 10944.80 crore during the previous year ended March 2021.

 

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2916.402888.80 1 11306.3010944.80 3 OPM %47.1455.66 -42.2141.04 - PBDT599.80704.50 -15 1446.50608.50 138 PBT575.30678.80 -15 1347.60500.70 169 NP427.00511.70 -17 1011.40391.50 158

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