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HDFC Corporate Update

Financials: Standalone GHDFC STATEMENT OF PROFIT AND LOSS - Q2FY22 Jul-Sep 21 Jul-Sep 20 Growth (Rs in billion) (Rs in billion) (%) Interest Income 106.82 110.46 -3% Interest Expenses Net Interest Income 65.73 73.99 -11% 41.09 36.47 13% Add: Net gain on derecognition of assigned loans 1.28 1.59 Add: Fees Net of Commission (EIR) Add: Other Operating Income Net Operating Income 0.01 (0.44) 0.88 0.78 43.26 38.40 13% Less: Non Interest Expenses 3.60 3.11 Less: Amortisation of ESOS and CSR Expenses 1.70 0.55 Add: Other Income 0.10 0.05 Profit Before Sale of Investments, Dividend, Fair Value Changes and ECL 38.06 34.79 9% Add: Net gain/(loss) on Fair Value Changes Add: Dividend 1.46 11.71 1.67 3.23 Add: Profit on Sale of Investments - (0.01) Less: Expected Credit Loss (ECL) Profit Before Tax Provision for Tax Profit After Tax Effective tax rate (%) 4.52 46.71 4.36 35.32 32% 8.91 6.62 37.80 28.70 32% 19.1% 18.7%
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