Dewan Housing Finance Corporation has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a rise of 16.87% in its net profit at Rs 189.66 crore for the quarter ended March 31, 2016 as compared to Rs 162.28 crore for the same quarter in the previous year. Total income of the company has increased by 24.27% at Rs 1966.57 crore for quarter under review as compared to Rs 1582.48 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a rise of 17.37% in its net profit at Rs 729.20 crore as compared to Rs 621.29 crore for the same period in the previous year. Total income of company increased by 22.32% at Rs 7316.72 crore for year under review as compared to Rs 5981.64 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 16.63% in its net profit after minority interest at Rs 749.3 crore as compared to Rs 642.47 crore for the same period in the previous year. Total income of company has increased by 22.33% at Rs 7856.65 crore for year under review as compared to Rs 6422.33 crore for the period ended March 31, 2015.
