Dewan Housing Finance Corporation standalone net profit declines 85.91% in the March 2018 quarter

Sales rise 17.96% to Rs 2801.93 crore

Net profit of Dewan Housing Finance Corporation declined 85.91% to Rs 312.40 crore in the quarter ended March 2018 as against Rs 2217.68 crore during the previous quarter ended March 2017. Sales rose 17.96% to Rs 2801.93 crore in the quarter ended March 2018 as against Rs 2375.36 crore during the previous quarter ended March 2017.

For the full year,net profit declined 59.53% to Rs 1172.13 crore in the year ended March 2018 as against Rs 2896.45 crore during the previous year ended March 2017. Sales rose 18.06% to Rs 10450.16 crore in the year ended March 2018 as against Rs 8851.76 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2801.932375.36 18 10450.168851.76 18 OPM %87.8589.42 -89.3391.21 - PBDT487.56378.99 29 1784.251425.69 25 PBT479.87375.57 28 1756.621402.39 25 NP312.402217.68 -86 1172.132896.45 -60

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