DHFL, India’s second largest private sector housing finance Company, today announced its results for the first quarter ended June 30, 2014.
Performance Details for the first quarter ended June 30, 2014 as compared to the corresponding period of the previous year:
Net profit increased 22 % to Rs 147.15 crore for the quarter ended June 30, 2014 as against Rs 120.30 crore in the corresponding quarter of the previous year.
Profit before tax rose 40 % to Rs 222.46 crore for the quarter ended June 30, 2014 as against Rs 159.03 crore in the corresponding quarter of the previous year.
Loan book outstanding grew 22 % to Rs 42,789.70 crore during the first quarter ended June 30, 2014 as against Rs 35,127.30 crore in the corresponding quarter of the previous year.
Loan disbursements and sanctions were Rs 4,349.08 crore and 5,912.97 crore, respectively for the first quarter ended June 30, 2014.
Total Income was up 29 % to Rs 1,426.65 crore during the first quarter ended June 30, 2014 as against Rs 1,107.37 crore in the corresponding quarter previous year.
Gross NPA stood at 0.79 % and Net NPA was NIL
Net Interest Margin stood at 2.78 %
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