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DHFL net profit up by 68.71% for Q307-08

This article was posted on Feb 1, 2008 and is filed under Press Releases

DHFL registers:

* Profit before Tax increases by 79.90 % for Q3, 2007-08 as compared to Q3 2006-07
* Total income increases by 58.69% for the same period

Dewan Housing Finance Corporation Limited (DHFL), the second largest housing finance company in the private sector in India, today announced its financial results for the 3rd quarter ended 31st December, 2007.

Financial Highlights for the quarter ended 31st December, 2007

· Total income rises by 58.69% to Rs.141.28 crore for the quarter ended 31st December, 2007 as compared to corresponding quarter of previous year.

· Net profit has jumped by 68.71% to Rs.22.81 crore for the quarter ended 31st December, 2007 as compared to corresponding quarter of previous year.

· Loan disbursements grew by 30.23 % to Rs.516.17 crore as compared to Rs. 396.36 crore for the period ended December 2007.

Mr. Kapil Wadhawan, Vice Chairman & Managing Director, DHFL said, “Our consistent performance has always been a vindication of our commitment to provide financial assistance to the LMI (low & middle Income) segment.”

Sourced From: LINOpinion – The Lintas Public Relations Division

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