HDFC Securities posts Rs. 984.3 crores net profit in FY 2021-22

HDFC Securities Limited (HSL) is amongst the leading retail broking firms in India. As on March 31, 2022, HDFC Bank held 96.0% stake in HSL. For the quarter ended March 31, 2022, HSL's total income grew by 16% to ₹ 509.7 crore, as against ₹ 440.7 crore for the quarter ended March 31, 2021. Profit after tax for the quarter was at ₹ 235.6 crore, as against ₹ 244.5 crore for the quarter ended March 31, 2021.

For the year ended March 31, 2022, HSL's total income grew by 42.2% to ₹ 1,990.3 crore. Net profit for the year was ₹ 984.3 crore, a growth of 40.0% over ₹ 703.2 crore in the previous year.

As on March 31, 2022, HSL had 216 branches across 147 cities / towns in the country.

Shares of HDFC Bank Limited was last trading in BSE at Rs. 1464.85 as compared to the previous close of Rs. 1493.25. The total number of shares traded during the day was 286246 in over 12233 trades.

The stock hit an intraday high of Rs. 1501.95 and intraday low of 1462.35. The net turnover during the day was Rs. 422346685.00.

Source : Equity Bulls

Keywords

HDFCBank INE040A01034 HDB HDFCSecurities Q4FY22 FY2022 ResultUpdate