Dewan Housing Finance Corporation (DHFL) has announced the results for the quarter ended December 31, 2011.
The company has posted a net profit of Rs 74.97 crore for the quarter ended December 2011, up 21.39% from Rs 61.76 crore in the corresponding year-ago period. Its total income has increased by 71.09% to Rs 661.88 crore for the quarter under review from Rs 386.85 crore for the similar quarter of the previous year.
During the quarter, disbursements grew by 49.21% to Rs 2,280 crore against Rs 1,528 crore and sanctions grew by 44% to Rs 3,189 crore against Rs 2,214 crore. The percentage of net non-performing assets to total loans was at 0.17% for the quarter under review against 0.39%.
