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Housing Development Finance Corporation consolidated net profit rises 28.64% in the March 2018 quarter

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Capital Market

Sales rise 18.06% to Rs 20316.07 crore

Net profit of Housing Development Finance Corporation rose 28.64% to Rs 3961.17 crore in the quarter ended March 2018 as against Rs 3079.33 crore during the previous quarter ended March 2017. Sales rose 18.06% to Rs 20316.07 crore in the quarter ended March 2018 as against Rs 17207.86 crore during the previous quarter ended March 2017.

For the full year,net profit rose 47.09% to Rs 16254.96 crore in the year ended March 2018 as against Rs 11051.12 crore during the previous year ended March 2017. Sales rose 12.67% to Rs 65248.79 crore in the year ended March 2018 as against Rs 57911.65 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales20316.0717207.86 18 65248.7957911.65 13 OPM %51.3253.35 -57.7059.85 - PBDT4408.603684.19 20 14222.2912757.53 11 PBT4389.633657.23 20 14148.1812649.55 12 NP3961.173079.33 29 16254.9611051.12 47

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First Published: May 02 2018 | 8:17 AM IST

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