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HDFC Ltd Q4 profit up 16% at Rs 3,700 cr; company approves Rs 30 dividend

The net interest income for the March quarter came at Rs 4,601 crore compared to Rs 4,027 crore in the previous year

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BS Web Team New Delhi
HDFC Ltd on Monday reported standalone net profit of Rs 3,700 crore for the March quarter, up 16 per cent from Rs 3,180 crore a year ago period.

The HDFC Ltd board has recommended a dividend for the year ended March 31, 2022 of Rs 30 per equity share.

The net interest income (NII) for the March quarter came at Rs 4,601 crore compared to Rs 4,027 crore in the previous year -- a growth of 14 per cent.

"The demand for home loans and pipeline of loan applications continues to remain strong. Growth in home loans was seen in

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