Dewan Housing Finance Q4 net up 14.8% at Rs 162.28 cr

Image
Press Trust of India Mumbai
Last Updated : Apr 29 2015 | 2:32 PM IST
Mortgage lender Dewan Housing Finance Ltd today reported 14.8 per cent rise in net profit at Rs 162.28 crore for the fourth quarter ended March 31, 2014-15.
Its net profit was Rs 141.17 crore in the January-March quarter of the previous fiscal, 2013-14, DHFL said in a BSE filing.
The company's total income in the fourth quarter of last fiscal rose to Rs 1,582.47 crore, from Rs 1,417 crore in the year-ago period.
For the entire 2014-15 fiscal, its net profit was up 17.4 per cent to Rs 621.28 crore as compared to Rs 529 crore in the previous fiscal.
The total income went up to Rs 5,981.63 crore last fiscal, from Rs 4,967.67 crore in 2013-14.
Housing loans sanctioned during the year amounted to Rs 28,497.08 crore, as against Rs 22,377.61 crore in the previous fiscal, an increase of 27 per cent.
Shares of the company were trading at Rs 463.10 per unit, up 1.50 per cent on the BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 29 2015 | 2:32 PM IST

Next Story