Dewan Housing net profit climbs 18% to Rs 173 cr

Dewan Housing Finance Corporation Ltd has reported an 18 per cent increase in net profit at Rs 173 crore in the quarter ended June 30, 2015, as against Rs 147 crore in the year ago period.

In the reporting quarter, the housing finance company clocked 16 per cent increase in total income at Rs 1,653 crore (Rs 1,426 crore in the year ago period).

Total expenditure increased by 16 per cent at Rs 1,392 crore (Rs 1,203 crore).

DHFL reported 33 per cent increase in loan sanctions at Rs 7,858 crore (Rs 5,913 crore). Loan disbursements were up 14 per cent at Rs 4,938 crore (Rs 4,349 crore).


Source : Thehindubusinessline