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Housing Development Finance Corporation standalone net profit declines 60.12% in the December 2018 quarter

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Capital Market

Sales decline 25.01% to Rs 10555.55 crore

Net profit of Housing Development Finance Corporation declined 60.12% to Rs 2113.80 crore in the quarter ended December 2018 as against Rs 5300.00 crore during the previous quarter ended December 2017. Sales declined 25.01% to Rs 10555.55 crore in the quarter ended December 2018 as against Rs 14076.05 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales10555.5514076.05 -25 OPM %95.9483.79 -PBDT2882.575863.23 -51 PBT2868.805850.63 -51 NP2113.805300.00 -60

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First Published: Jan 29 2019 | 5:12 PM IST

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