InvestorQ : What is your take on the quarterly results of HDFC for the Dec-20 quarter?
Arusha Ray made post

What is your take on the quarterly results of HDFC for the Dec-20 quarter?

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3 months ago
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HDFC Ltd reported 35% growth in consolidated revenues for Dec-20 quarter at Rs.39,259 crore. While interest income was static due to lower rates, there was a sharp increase in earnings from life insurance business. A big boost also came from gains on investments in the life insurance business. Operating profits were up 48% at Rs.6,811 crore.

Profit after tax (PAT) for the Dec-20 quarter was up 35% at Rs.5,177 crore on better transmission of operational advantages. The contribution to net profits was visible across lending and insurance. OPM expanded from 15.83% to 17.35% in Dec-20 quarter while the PAT margins remained static at 13.19% as the revenue base also increased proportionately
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