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HDFC Q1 PAT dips 5% YoY to Rs 3,051 cr; Board approves to raise Rs 45K cr
Housing financier HDFC on Thursday noted a standalone web revenue of Rs 3,051.52 crore for June quarter of FY21 (Q1FY21), clocking a 4.seven per cent 12 months-on-12 months (YoY) de-expansion from Rs 3,203.1 crore-revenue noted in Q1FY20. Sequentially, the revenue grew 36.68 per cent from Rs two,232.five crore noted in the March quarter of FY20. “During the quarter, the company marketed 26 million fairness shares of HDFC Existence, resulting in a pre-tax obtain of Rs 1,241.twenty crore” claimed the administration in a statement. The revenue from sale of investments was Rs two.forty five crore in the March quarter of FY20. The non-financial institution finance company’s (NBFC) earnings from functions stood…