Home / Companies / News / DHFL posts Q1 pre-tax profit of Rs 92.81 cr; total income at Rs 2,328 cr

DHFL posts Q1 pre-tax profit of Rs 92.81 cr; total income at Rs 2,328 cr

Company's ability to remain as a going concern will depend on the outcome of the CIRP, auditors said

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The auditors of the company have said the company has accumulated losses exceeding the share capital and reserves and its net worth has been fully eroded

BS Reporter

2 min read Last Updated : Aug 23 2020 | 10:30 PM IST

Dewan Housing Finance Corporation (DHFL) has reported a pre-tax profit of Rs 92.81 crore in the quarter ended June 2020 (Q1FY21), against a loss of Rs 198.85 crore in the year-ago period.

Its net for the period came in at Rs 70 crore, against a loss of Rs 206 crore.Its total income for the period stood at Rs 2,328.86 crore, compared to Rs 2,399.87 crore in the corresponding period last financial year.

It has said that almost 28 per cent of its book is under moratorium as of June 30.

The firm, being managed by the administrator -- R Subramaniakumar

Topics : DHFL Q1 results

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