HDFC Operational & Financial Highlights slide image

HDFC Operational & Financial Highlights

FINANCIALS - Apr-Dec 22 • Apr-Dec 22 entailed a volatile environment HDFC WITH YOU, RIGHT THROUGH • • The monetary policy and interest rate actions have had a short-term impact on the net interest income • This has been due to the transmission lag between the interest rate increase in borrowing costs and the increase in lending rates On account of volatile equity markets, the net gain on investments fair valued through the profit and loss account stood at Rs 0.89 bn (PY: Rs 6.72 bn) • Dividend income was higher at Rs 25.28 bn (PY: Rs 13.83 bn) • Profit on Sale of Investments: Rs 1.84 bn (PY: Rs 2.63 bn) • Non-interest expense ratios were higher due to an increase in upfront expenses on staffing, branch expansion and information technology -- benefits to accrue over the coming periods. 38
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