GRUH Finance Ltd. - Profit After Tax for the Year Amounted to ? 446.67 Crore as Compared to ? 402.56 Crore for the Previous Year Indicating a Growth of 11%
/ -- GRUH FINANCE LTD.
FINANCIAL RESULTS FOR THE PERIOD APRIL 1, 2018 TO MARCH 31, 2019
The Board of Directors of GRUH Finance Ltd. (GRUH) - a subsidiary of HDFC Ltd. - has approved the annual audited financial results for the year ended March 31, 2019 at their meeting held in Mumbai on April 30, 2019.
The Company has adopted Indian Accounting Standards (Ind AS) from April 1, 2018 and the effective date of such transition is April 1, 2017. The comparative figures of corresponding period have been restated to make them comparable. The financial statements are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.
FINANCIAL RESULTS
Profit after tax for the year amounted to ? 446.67 crore as compared to ? 402.56 crore for the previous year indicating a growth of 11%.
Dividend
The Board of Directors ..