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Housing Development Finance Corporation standalone net profit declines 27.55% in the September 2020 quarter

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Capital Market

Sales decline 13.05% to Rs 11727.96 crore

Net profit of Housing Development Finance Corporation declined 27.55% to Rs 2870.12 crore in the quarter ended September 2020 as against Rs 3961.53 crore during the previous quarter ended September 2019. Sales declined 13.05% to Rs 11727.96 crore in the quarter ended September 2020 as against Rs 13487.44 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales11727.9613487.44 -13 OPM %93.4791.85 -PBDT3567.734563.69 -22 PBT3531.784530.38 -22 NP2870.123961.53 -28

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First Published: Nov 02 2020 | 3:17 PM IST

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