Housing Development Finance Corporation has reported results for fourth quarter and year ended March 31, 2014
The company has posted a rise of 10.79% in its net profit at Rs 1723.10 crore for the quarter ended March 31, 2014 as compared to Rs 1555.21 crore for the same quarter in the previous year. Total income of the company increased by 17.09% at Rs 6647.82 crore for quarter under review as compared to Rs 5677.71 crore for the quarter ended March 31, 2013.
On consolidated basis, the company has reported 15.92% rise in its net profit at Rs 2414.70 crore for the quarter ended March 31, 2014 as compared to Rs 2083.13 crore for the same quarter in the previous year. Total income of the company went up by 11.35% at Rs 12296.02 crore for quarter under review as compared to Rs 11042.88 crore for the quarter ended March 31, 2013.
For the year ended March 31, 2014, the company has posted a jump of 12.21% in its net profit at Rs 5440.24 crore as compared to Rs 4848.34 crore for the same period in the previous year. Total income of company has improved by 14.42% at Rs 24197.67 crore for year under review as compared to Rs 21147.62 crore for the period ended March 31, 2013.
For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 19.70% in its net profit at Rs 7947.82 crore as compared to Rs 6639.72 crore for the same period in the previous year. Total income of company has increased by 13.41% at Rs 40814.56 crore for year under review as compared to Rs 35986.93 crore for the period ended March 31, 2013.
