Housing Development Finance Corporation consolidated net profit declines 11.01% in the March 2017 quarter

Sales rise 4.03% to Rs 17207.86 crore

Net profit of Housing Development Finance Corporation declined 11.01% to Rs 3079.33 crore in the quarter ended March 2017 as against Rs 3460.46 crore during the previous quarter ended March 2016. Sales rose 4.03% to Rs 17207.86 crore in the quarter ended March 2017 as against Rs 16540.85 crore during the previous quarter ended March 2016.

For the full year,net profit rose 8.45% to Rs 11051.12 crore in the year ended March 2017 as against Rs 10190.26 crore during the previous year ended March 2016. Sales rose 12.74% to Rs 57911.65 crore in the year ended March 2017 as against Rs 51366.12 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17207.8616540.85 4 57911.6551366.12 13 OPM %53.3556.46 -59.8562.29 - PBDT3684.194233.07 -13 12757.5311733.49 9 PBT3657.234168.07 -12 12649.5511612.97 9 NP3079.333460.46 -11 11051.1210190.26 8

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