HDB Financial Services consolidated net profit rises 118.49% in the March 2021 quarter

Sales rise 3.22% to Rs 2888.80 crore

Net profit of HDB Financial Services rose 118.49% to Rs 511.70 crore in the quarter ended March 2021 as against Rs 234.20 crore during the previous quarter ended March 2020. Sales rose 3.22% to Rs 2888.80 crore in the quarter ended March 2021 as against Rs 2798.60 crore during the previous quarter ended March 2020.

For the full year,net profit declined 61.04% to Rs 391.50 crore in the year ended March 2021 as against Rs 1004.80 crore during the previous year ended March 2020. Sales rose 1.75% to Rs 10944.80 crore in the year ended March 2021 as against Rs 10756.50 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2888.802798.60 3 10944.8010756.50 2 OPM %55.6648.14 -41.0452.58 - PBDT704.50332.60 112 608.501574.20 -61 PBT678.80304.70 123 500.701464.50 -66 NP511.70234.20 118 391.501004.80 -61

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