BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Housing Development Finance Corporation Ltd.’s core profit before tax grew 15% YoY to Rs 30.4 billion (in-line), driven by 4% beat on net interest income, which was offset by higher provisioning.
Asset under management growth of 10% (largely inline) belies the strong business pickup on an incremental basis – individual disbursements stood at 95% of YoY levels in Q2 FY21 and were up 11%/22% YoY in September 2020/October 2020 (adjusted for the festival impact).
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