HDB Financial Services consolidated net profit declines 19.09% in the March 2025 quarter
02 May 2025
Sales increased by 16.34% to Rs 4,266.10 crore in the quarter ended March 2025, compared to Rs 3,666.80 crore in the previous quarter ending March 2024. However, HDB Financial Services' net profit decreased by 19.09% to Rs 530.90 crore during this same quarter, down from Rs 656.20 crore in the quarter ended March 2024.
For the full year, net profit fell by 11.58% to Rs 2,175.90 crore for the year ending March 2025, compared to Rs 2,460.80 crore for the previous year ending March 2024. Sales rose by 15.02% to Rs 16300.30 crore in the year ending March 2025, up from Rs 14171.10 crore in the previous year ending March 2024.
Sales increased by 16.34% to Rs 4,266.10 crore in the quarter ended March 2025, compared to Rs 3,666.80 crore in the previous quarter ending March 2024. However, HDB Financial Services' net profit decreased by 19.09% to Rs 530.90 crore during this same quarter, down from Rs 656.20 crore in the quarter ended March 2024.
For the full year, net profit fell by 11.58% to Rs 2,175.90 crore for the year ending March 2025, compared to Rs 2,460.80 crore for the previous year ending March 2024. Sales rose by 15.02% to Rs 16300.30 crore in the year ending March 2025, up from Rs 14171.10 crore in the previous year ending March 2024.
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