Housing & Urban Development Corporation standalone net profit rises 19.36% in the March 2021 quarter

Sales decline 6.84% to Rs 1759.38 crore

Net profit of Housing & Urban Development Corporation rose 19.36% to Rs 526.33 crore in the quarter ended March 2021 as against Rs 440.96 crore during the previous quarter ended March 2020. Sales declined 6.84% to Rs 1759.38 crore in the quarter ended March 2021 as against Rs 1888.49 crore during the previous quarter ended March 2020.

For the full year,net profit declined 7.60% to Rs 1578.58 crore in the year ended March 2021 as against Rs 1708.42 crore during the previous year ended March 2020. Sales declined 3.95% to Rs 7234.58 crore in the year ended March 2021 as against Rs 7532.12 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1759.381888.49 -7 7234.587532.12 -4 OPM %108.3291.30 -96.1792.78 - PBDT765.80546.84 40 2235.622180.24 3 PBT763.88545.35 40 2228.642174.53 2 NP526.33440.96 19 1578.581708.42 -8

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