HDFC Q1FY23 Quarter Results

HDFC’s net profit grew 5% YoY
  • 29 Jul 2022
  • HDFC’s net income declined by 34% quarter-on-quarter (QoQ) during the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a fall of 25%.
  • Its expenses for the quarter were down by 36% QoQ and 29% YoY.
  • HDFC’s net profit was down 19% QoQ and up 5% YoY.
  • The earnings per share (EPS) of HDFC stood at 29.3 during Q1FY23.

HDFC’s financial statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income30,997.135,06023,193-34%-25%
Total Expenses26,586.529,45118,834-36%-29%
Profit before tax6,295.38,0566,544-19%4%
Profit after tax5,310.96,8925,574-19%5%
Earnings per share27.935.729.3

Data Source: BSE, Company announcements

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