HDFC Securities released its financials for Q1 FY24

HDFC Sec released its financials for Q1 FY24. The company reported a rise of 14.2% from Rs 428.2 Cr in Q1 FY23 to Rs 489.2 Cr in Q1 FY24. Net profit of the company remined flat at 0.04% from Rs 189.2 Cr in Q1 FY23 to Rs 189.3 Cr in FY24 on account of increased financial cost from Rs 5,948 Cr in Q1 FY23 to Rs 10,259 Cr in Q1 FY24. The assets of the company showcased a growth of 14.2% from Rs 8,268 Cr in Q1 FY23 to Rs 9,438.2 Cr in Q1 FY24