Getty ImagesNEW DELHI: NBFC giant on Tuesday reported consolidated net profit for the quarter ended March at Rs 2,419.51 crore, up 79.67 per cent compared to Rs 1,346.64 crore in the corresponding quarter last year.
An analyst poll conducted by ET Now had projected net profit at Rs 2,500 crore.
The company said it was its highest ever consolidated net profit. It also reported the highest ever consolidated profit after tax of Rs 7,028 crore for the fiscal year ended March 2022.
The company’s net interest income (NII) for the March quarter increased by 30 per cent to Rs 6,068 crore from Rs 4,659 crore in the year ago quarter. New loans booked grew by 15 per cent to 6.28 million as against 5.47 million in the same quarter last year.
The company also announced a dividend of Rs 2 per share. The record date for the payment of dividend is July 1, 2022.
More to come...
An analyst poll conducted by ET Now had projected net profit at Rs 2,500 crore.
The company said it was its highest ever consolidated net profit. It also reported the highest ever consolidated profit after tax of Rs 7,028 crore for the fiscal year ended March 2022.
The company’s net interest income (NII) for the March quarter increased by 30 per cent to Rs 6,068 crore from Rs 4,659 crore in the year ago quarter. New loans booked grew by 15 per cent to 6.28 million as against 5.47 million in the same quarter last year.
The company also announced a dividend of Rs 2 per share. The record date for the payment of dividend is July 1, 2022.
More to come...
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