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Dewan Housing Finance reports 16% rise in Q1 net profit

20 Jul 2016 Evaluate

Dewan Housing Finance Corporation (DHFL) has reported results for first quarter ended June 30, 2016.

The company has reported 16.28% rise in its net profit after tax at Rs 201.40 crore for the quarter ended June 30, 2016 as compared to Rs 173.20 crore for the same quarter in the previous year. Total income of the company increased by 18.52% to Rs 1959.32 crore for the quarter under review from Rs 1653.18 crore for the corresponding quarter of the previous year.

Dewan Housing Finance Corporation is among the oldest private sector Housing Finance Companies (HFC) in India.

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