The Hindu Business Line : Dewan Housing Finance net up 70%

Dewan Housing Finance Ltd (DHFL) reported a 70 per cent increase in net profit at Rs 37.51 crore in the second quarter ended September 30, 2009 as against Rs 22 crore in the corresponding quarter last year. In the halfyear ended September 30, 2009, the housing finance company reported a 65 per cent rise in net profit at Rs 68.77 crore as compared to Rs 41.70 crore in the corresponding period last year. In the reporting quarter, DHFL's total income was up by 53 per cent to Rs 246.12 crore (Rs 160.78 crore in Q2 of FY09) and total expenditure increased by 48 per cent to Rs 195.68 crore (Rs 132.17 crore). - Our Bureau

More Stories on : Financial Performance | Housing Finance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
CM asks banks to speed up conversion of crop loans

Other income growth boosts Corporation Bank’s net in Q2

LIC Housing net up on robust disbursements

Interest income props up Vijaya Bank net

Dewan Housing Finance net up 70%

Bank of India net drops 58% on higher provisioning

IOB second quarter net profit halves to Rs 176 cr

KVB ropes in employees to increase savings bank accounts

Karnataka Bank cuts deposit rates

Second round of mergers of RRBs likely

Treasury gains, high interest income lift PNB profit 31%