DHFL reports 20 pc jump in Q1 net

Mortgage lender DHFL posted a 22 per cent growth in net profit for the April-June period at Rs 147.15 crore as against Rs 120.30 crore in the year ago period.
While its total income grew 29 per cent to Rs 1,426.65 crore, the pre-tax profit grew 40 per cent to Rs 222.46 crore during the period.
The loan book grew 22 per cent to Rs 42,789 crore, while assets under management were up 24 per cent to Rs 46,858 crore.
The gross non-performing assets during April-June stood at 0.79 per cent while the net interest margin for the quarter was at 2.78 per cent.

The company scrip had slipped 2.23 per cent to Rs 361.25 during afternoon trade on the BSE.