Dewan Housing Finance reports 55% rise in Q1 net profit

Piramal Finance Ltd. | Finance - Housing | BFSI | BSE: 544597 | NSE: PIRAMALFIN

23 Jul 2013 Evaluate

Dewan Housing Finance Corporation has reported results for first quarter ended June 30, 2013.

The company has reported 54.57% rise in its net profit after tax at Rs 120.30 crore for the quarter as compared to Rs 77.83 crore for the same quarter in the previous year. Total income from operations of the company has increased by 52.49% at Rs 1126.64 crore for quarter under review as compared to Rs 738.82 crore for the quarter ended June 30, 2012.

DHFL is among the oldest private sector Housing Finance Companies (HFC) in India. It is the third-largest housing finance firm.

Peers

Company Name	CMP
LIC Housing Finance	564.30
Housing & Urban Dev.	168.65
Piramal Finance	2151.20
Bajaj Housing Fin.	82.49
PNB Housing Finance	1081.70
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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