HDB Financial Services Ltd marked a staggering rise in the profit margins in the fourth quarter of the financial year 2023, which ended in March. The registered profit amount after tax is said to be Rs. 545.5 crores. This contributes to a 27.7% growth in the margins compared to Rs. 427.1 crores for the last quarter that ended on March 31, 2022. The company has shown a significant improvement in the financial statements for this financial year as compared to the previous financial year. Let us have a detailed look into the financials and other details that led to a rise in the company’s overall performance. <\/p>\n\n\n\n
HDB Financial Services Ltd (HDBFSL) shared the financial reports for the fourth quarter of the financial year 2023, which not only witnessed a rise in the company’s profit margins, but the company’s performance also improved on other parameters. The company’s sales performance rose by 10% from Rs. 2916.40 to Rs. 3220.20. The sales performance of the company has shown considerable improvements not only for the fourth quarter but for the entire financial year, as the figures rose from Rs. 11306.30 in FY 2022 to Rs.12402.90 in FY 2023. Talking about the PBDT (Profit Before Depreciation and Tax) also increased from Rs.599.80 crore to Rs.764.70 crore, registering a rise of 27%. Other indicators like PBT (Profit before Tax) and NP (Net Profits) also reported an increase in the Net Profit margins. Apart from the financial details of the fourth quarter of FY 2023, here is an analysis of the company’s overall financial figures. <\/p>\n\n\n\n
The company has registered a revenue of Rs. 12403 crores, and the outstanding borrowing of the company amounts to Rs.24227.8 crore in the financial year 2023. On comparing the financial indicators for the past three financial years, HDB Financial Services Ltd. has shown positive signs of growth for the future and has given the investors a positive hope for returns to the shareholders. The net worth, EPS, dividend and total income have seen an improvement in the current year as compared to the previous financial years. Look at the table below to learn about the financial performance of HDB Financial Services Ltd. <\/p>\n\n\n\n
Financial Details (Rs. Crore)<\/p>\n\n\n\nParticulars<\/strong><\/td> 2023<\/strong><\/td> 2022<\/strong><\/td> 2021<\/strong><\/td><\/tr> Equity Capital<\/td> 1791.40<\/td> 790.40<\/td> 789.20<\/td><\/tr> Reserve & Surplus<\/td> 10645.60<\/td> 8749.30<\/td> 7657.00<\/td><\/tr> Net worth<\/td> 11437.00<\/td> 9539.70<\/td> 8446.2<\/td><\/tr> Book Value Per share (Rs.)<\/td> 144.51<\/td> 120.69 <\/td> 107.02<\/td><\/tr> Total Income<\/td> 12402.90<\/td> 11306.30<\/td> 10944.80<\/td><\/tr> Profit<\/td> 1959.30<\/td> 1011.40<\/td> 391.50<\/td><\/tr> EPS <\/td> 24.78<\/td> 12.80<\/td> 4.97<\/td><\/tr> Dividend <\/td> 1.10<\/td> 0.90<\/td> –<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n