{"id":29765,"date":"2018-05-01T11:23:19","date_gmt":"2018-05-01T11:23:19","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=29765"},"modified":"2018-05-01T11:23:19","modified_gmt":"2018-05-01T11:23:19","slug":"hdfc-q4-net-profit-rises-28-63-at-rs-3961-crore","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/hdfc-q4-net-profit-rises-28-63-at-rs-3961-crore\/","title":{"rendered":"HDFC Q4 net profit rises 28.63% at Rs 3,961 crore"},"content":{"rendered":"<p><strong>Mortgage lender HDFC on Monday reported a 28.63% rise in consolidated net profit at Rs 3,961.17 crore for the quarter ended March 31, 2018.<\/strong><\/p>\n<p>The company had registered a net profit of Rs 3,079.33 crore in the January-March quarter of the previous financial year (2016-17).<\/p>\n<p>Total income during the quarter grew 17.78% to Rs 21,248.79 crore as against Rs 18,040.59 crore in the year-ago period, HDFC said in a regulatory filing.<\/p>\n<p>In the entire 2017-18, the net profit was up 47% to Rs 16,254.96 crore from Rs 11,051.12 crore in 2016-17.<\/p>\n<p>On a standalone basis, HDFC posted 39.23% rise in net profit at Rs 2,846.22 crore in the reported quarter as compared to Rs 2,044.2 crore earlier.<\/p>\n<p>Total income grew 13.14% to Rs 9,633.89 crore as against Rs 8,514.51 crore in year-ago period.<\/p>\n<p>Total income in the full financial year grew to Rs 69,141.67 crore from Rs 61,087.63 crore in 2016-17.<\/p>\n<p>The company\u2019s board recommended a final dividend of Rs 16.50 per equity share of face value of Rs 2 each for 2017-18.<\/p>\n<p>In a separate fling, HDFC announced appointment of Upendra Kumar Sinha and Jalaj Ashwin Dani as independent directors (additional directors) on the board for a period of 5 years with effect from April 30, 2018, subject to the approval of the members at the ensuing AGM.<\/p>\n<p>It also announced resignation of D M Sukthankar, Non-Executive Director and D N Ghosh, Independent Director from the board with effect from April 30..<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Mortgage lender HDFC on Monday reported a 28.63% rise in consolidated net profit at Rs 3,961.17 crore for the quarter ended March 31, 2018. The company had registered a net profit of Rs 3,079.33 crore in the January-March quarter of the previous financial year (2016-17). Total income during the quarter grew 17.78% to Rs 21,248.79 [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":29766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-29765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/29765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=29765"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/29765\/revisions"}],"predecessor-version":[{"id":29767,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/29765\/revisions\/29767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/29766"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=29765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=29765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=29765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}