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Housing Development Finance Corporation standalone net profit rises 39.23% in the March 2018 quarter

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Capital Market

Sales rise 13.17% to Rs 9622.15 crore

Net profit of Housing Development Finance Corporation rose 39.23% to Rs 2846.22 crore in the quarter ended March 2018 as against Rs 2044.20 crore during the previous quarter ended March 2017. Sales rose 13.17% to Rs 9622.15 crore in the quarter ended March 2018 as against Rs 8502.03 crore during the previous quarter ended March 2017.

For the full year,net profit rose 63.43% to Rs 12163.69 crore in the year ended March 2018 as against Rs 7442.64 crore during the previous year ended March 2017. Sales rose 6.26% to Rs 35185.17 crore in the year ended March 2018 as against Rs 33112.79 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales9622.158502.03 13 35185.1733112.79 6 OPM %95.8596.18 -96.1295.53 - PBDT3523.412951.85 19 11631.3410782.60 8 PBT3510.942938.20 19 11582.1010726.64 8 NP2846.222044.20 39 12163.697442.64 63

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

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