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Housing Development Finance Corporation standalone net profit declines 16.84% in the June 2017 quarter

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Capital Market

Sales decline 3.00% to Rs 8130.88 crore

Net profit of Housing Development Finance Corporation declined 16.84% to Rs 1555.74 crore in the quarter ended June 2017 as against Rs 1870.73 crore during the previous quarter ended June 2016. Sales declined 3.00% to Rs 8130.88 crore in the quarter ended June 2017 as against Rs 8382.27 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales8130.888382.27 -3 OPM %95.9793.40 -PBDT2370.072713.84 -13 PBT2358.742699.73 -13 NP1555.741870.73 -17

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First Published: Jul 26 2017 | 4:49 PM IST

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