Chennai, April 29 (IANS): Housing Development Corporation Ltd (HDFC) on Wednesday said it closed last fiscal with a net profit of Rs.5,990.14 crore as compared to Rs. 5,440.24 crore for the year ended 2013-14.

In a regulatory filing in BSE, the company said its total income has increased from Rs. 2,4197.67 crore for the year ended March 31, 2014 to Rs.27,470.86 crore for the year ended March 31, 2015.

On consolidated basis, HDFC has posted a net profit after tax of Rs.8,762.62 crore last fiscal as compared to Rs.7,947.82 crore for the year ended March 31, 2014.

Total income increased from Rs.40,814.56 crore for the year ended March 31, 2014 to Rs. 48,390.03 crore for the year ended March 31, 2015.

The board of directors of the company has recommended a final dividend of Rs.13 per equity share of face value of Rs.2 each for 2014-15.

The total dividend for the year (including the interim dividend of Rs.2 per equity share) is Rs.15 per equity share as against Rs.14 per equity share for the previous year.