HDFC Securities posted strong Q1 FY25 results

HDFC Securities announced its Q1 FY25 results. The company recorded a total revenue growth (year-on-year) of 64.6% in Q1 FY25 from Rs 497 Cr in Q1FY24 to Rs 818 Cr in Q1 FY25. The company's net profit increased by 54.6% (year-on-year) from Rs 189 Cr in Q1 FY24 to Rs 293 Cr in Q1 FY25. The total equity of the company increased by 51.8% from Rs 2,029 Cr till Q4 FY24 to Rs 3,080 Cr in Q1 FY25 and the total assets rose by 20.3% from Rs 14,103 Cr till Q4 FY24 to Rs 16,970 Cr in Q1 FY25.