Hero Housing Finance standalone net profit rises 302.22% in the March 2022 quarter

Sales rise 41.30% to Rs 89.29 crore

Net profit of Hero Housing Finance rose 302.22% to Rs 12.71 crore in the quarter ended March 2022 as against Rs 3.16 crore during the previous quarter ended March 2021. Sales rose 41.30% to Rs 89.29 crore in the quarter ended March 2022 as against Rs 63.19 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 2.09 crore in the year ended March 2022 as against net loss of Rs 19.00 crore during the previous year ended March 2021. Sales rose 28.14% to Rs 298.30 crore in the year ended March 2022 as against Rs 232.79 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales89.2963.19 41 298.30232.79 28 OPM %60.0166.96 -54.9458.20 - PBDT14.284.38 226 7.62-14.47 LP PBT12.713.16 302 2.09-19.00 LP NP12.713.16 302 2.09-19.00 LP

Powered by Capital Market - Live News