📊 HDFC Securities FY25 Performance Analysis A) Strong Growth Across Core Metrics Operating Revenue jumped 23% YoY to ₹3,264 Cr (vs ₹2,660 Cr in FY24), reflecting a robust uptick in broking, distribution, and retail activity. Operating Profit rose 21% to ₹2,350 Cr, though operating margins slightly dipped from 72.74% to 72.00%, suggesting pressure on profitability despite volume growth. B) Expense Trends Rising Sharply Employee Benefit Expenses surged 25% to ₹480 Cr — likely due to higher incentives amid a booming FY25 market. Other Expenses climbed 31% to ₹427 Cr, possibly driven by tech upgrades, infrastructure expansion, or customer acquisition costs. C) Finance Cost Spikes Finance cost increased sharply by 31% YoY to ₹785 Cr, a key watchpoint — possibly due to elevated borrowing, interest rate impact, or higher margin funding requirements. D) EPS Up EPS grew 7% YoY, from ₹597 to ₹637 — showing stability in per-share profitability, despite increased cost pressure.
Download the medial app to read full posts, comements and news.