Unaudited financial results of HDFC Securities for 1st quarter of FY23

HDFC Securities (HSL) is amongst the leading retail broking firms in India. As on 30 June 2022, the bank held 96% stake in HSL. For the quarter ended 30 June 2022, HSL's total revenue was at Rs 432.5 crore, as against Rs 455.6 crore for the quarter ended 30 June 2021. Profit after tax for the quarter was at Rs 189.3 crore, as against Rs 251.1 crore for the quarter ended 30 June 2021. As on 30 June 2022, HSL had 216 branches across 147 cities / towns in the country.