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HDB Financial Services consolidated net profit declines 16.55% in the March 2022 quarter

19 Apr 2022 , 07:58 AM

Net profit of HDB Financial Services declined 16.55% to Rs 427.00 crore in the quarter ended March 2022 as against Rs 511.70 crore during the previous quarter ended March 2021. Sales rose 0.96% to Rs 2916.40 crore in the quarter ended March 2022 as against Rs 2888.80 crore during the previous quarter ended March 2021.

For the full year,net profit rose 158.34% to Rs 1011.40 crore in the year ended March 2022 as against Rs 391.50 crore during the previous year ended March 2021. Sales rose 3.30% to Rs 11306.30 crore in the year ended March 2022 as against Rs 10944.80 crore during the previous year ended March 2021.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 2916.40 2888.80 1 11306.30 10944.80 3
OPM % 47.14 55.66 42.21 41.04
PBDT 599.80 704.50 -15 1446.50 608.50 138
PBT 575.30 678.80 -15 1347.60 500.70 169
NP 427.00 511.70 -17 1011.40 391.50 158

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