HDFC gains on reporting 22% rise in Q4 consolidated net profit
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Housing Development Finance Corporation is currently trading at Rs. 2263.50, up by 35.35 points or 1.59% from its previous closing of Rs. 2228.15 on the BSE.
The scrip opened at Rs. 2194.70 and has touched a high and low of Rs. 2266.75 and Rs. 2190.65 respectively. So far 85778 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3021.10 on 15-Nov-2021 and a 52 week low of Rs. 2046.30 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 2283.30 and Rs. 2156.30 respectively. The current market cap of the company is Rs. 410179.52 crore.
The Institutions holding in the company stood at 88.32%, while Non-Institutions held 11.69%.
Housing Development Finance Corporation (HDFC) has reported a rise of 16.37% in its net profit at Rs 3,700.32 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 3,179.83 crore for the same quarter in the previous year. Total income of the company increased by 5.13% at Rs 12,308.46 crore for Q4FY22 as compared Rs 11,707.53 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 21.57% in its net profit at Rs 6,892.16 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 5,669.38 crore for the same quarter in the previous year. However, total income of the company decreased by 1.94% at Rs 35,059.75 crore for Q4FY22 as compared Rs 35,753.86 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 14.26% in its net profit at Rs 13,742.18 crore as compared to Rs 12,027.30 crore for the previous year. However, total income of the company decreased by 0.39% at Rs 47,990.20 crore for year under review as compared to Rs 48,175.86 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 17.35% in its net profit at Rs 24,042.13 crore as compared to Rs 20,487.55 crore for the previous year. However, total income of the company decreased by 2.23% at Rs 135,968.08 crore for year under review as compared to Rs 139,071.24 crore for year ended March 31, 2021.
