Dewan Housing Finance Corporation reports 16% rise in Q3 net profit

Dewan Housing Finance Corporation has reported results for third quarter ended December 31, 2015. 

The company has reported 16.44% rise in its net profit at Rs 185.89 crore for the quarter ended December 31, 2015 as compared to Rs 159.65 crore for the same quarter in the previous year. The company’s total income has increased by 23.63% to Rs 1885.32 crore for the quarter under review from Rs 1524.91 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.