• HDFC’s net income declined by 34% quarter-on-quarter (QoQ) during the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a fall of 25%.
  • Its expenses for the quarter were down by 36% QoQ and 29% YoY.
  • HDFC’s net profit was down 19% QoQ and up 5% YoY.
  • The earnings per share (EPS) of HDFC stood at 29.3 during Q1FY23.

HDFC’s financial statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income 30,997.1 35,060 23,193 -34% -25%
Total Expenses 26,586.5 29,451 18,834 -36% -29%
Profit before tax 6,295.3 8,056 6,544 -19% 4%
Tax 984.3 1,164 970 -17% -1%
Profit after tax 5,310.9 6,892 5,574 -19% 5%
Earnings per share 27.9 35.7 29.3    

Data Source: BSE, Company announcements

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