HDFC Q4 Results: PAT jumps 20% YoY to Rs 4,426 crore, tops estimates; Rs 44/share dividend declared
Housing Development Finance Corporation (HDFC) has reported a 20% YoY increase in net profit for Q4 2023 at Rs 4,425.50 crore, surpassing estimates. Total revenue from operations also surged by 35.6% YoY to Rs 16,679.43 crore, while the company’s capital adequacy ratio for Q4 was 24.3%, and the liquidity coverage ratio was 127.7%. The board has approved an interim dividend of Rs 44 a share for FY23.
