Dewan Housing Finance Corporation (DHFL) has reported results for second quarter ended September 30, 2018.
The company has reported 52.46% rise in its net profit at Rs 438.74 crore for the quarter under review as compared to Rs 287.78 crore for the same quarter in the previous year. Total income of the company increased by 33.71% at Rs 3,519.22 crore for Q2FY19 as compared Rs 2,632.06 crore for the corresponding quarter previous year.
DHFL is one of India’s premier housing finance companies and is among the oldest private sector Housing Finance Companies (HFC) in India. The company was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.