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DHFL reports over eleven fold jump in Q4 net profit

03 May 2017 Evaluate

DHFL has reported results for the fourth quarter and year ended March 31, 2017. 

The company has reported over eleven fold jump in its net profit at Rs 2217.68 crore for the quarter ended March 31, 2017 as compared to Rs 189.66 crore for the same quarter in the previous year.  Total income from operations of the company increased by 21.31% at Rs 2377.70 crore for quarter under review as compared to Rs 1960.01 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the company has posted around four fold rise in its net profit at Rs 2896.45 crore as compared to Rs 729.20 crore in FY16. Total income of company increased by 21.33% at Rs 8857.23 crore for year under review as compared to Rs 7299.99 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted around four fold jump in its net profit at Rs 2806.30 crore as compared to Rs 749.30 crore in FY16. Total income of company increased by 22.65% at Rs 9615.64 crore for year under review as compared to Rs 7839.92 crore for the year ended March 31, 2016. 

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