Housing Development Finance Corporation has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a rise of 39.98% in its net profit after tax at Rs 2607.05 crore for the quarter ended March 31, 2016 as compared to Rs 1862.43 crore for the same quarter in the previous year. Total income of the company has increased by 23.73% at Rs 9225.72 crore for quarter under review as compared to Rs 7456.43 crore for the quarter ended March 31, 2015.
On consolidated basis, the company has posted a rise of 30.76% in its net profit after tax at Rs 3460.46 crore for the quarter ended March 31, 2016 as compared to Rs 2646.35 crore for the corresponding quarter in the FY15. Total income of the company increased by 15.54% at Rs 17027.21 crore for quarter under review as compared to Rs 14737.40 crore for the same quarter ended previous year.
For the year ended March 31, 2016, the company has posted a rise of 18.41% in its net profit after tax at Rs 7093.10 crore as compared to Rs 5990.14 crore for the same period in the previous year. Total income of company increased 12.69% at Rs 30956.57 crore for year under review as compared to Rs 27470.86 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted a rise of 10.06% in its net profit after taxes, minority interest and share of profit of associates at Rs 10190.26 crore as compared to Rs 8762.62 crore for the same period in the previous year. Total income of company has increased by 10.06% at Rs 53257.11 crore for year under review as compared to Rs 48390.03 crore for the period ended March 31, 2015.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 538.50 |
| Housing & Urban Dev. | 200.00 |
| Bajaj Housing Financ | 89.75 |
| Piramal Finance | 1648.40 |
| PNB Housing Finance | 907.50 |
| View more.. | |
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