Dewan Housing Finance Corporation (DHFL) today posted a 28% jump in net profit at Rs 66.78 crore for the first quarter ended June 30, 2011.
It had a net profit of Rs 51.24 crore for the corresponding quarter of the last fiscal, the housing finance firm said in a statement.
The total income of the company during the period increased by 66.5% at Rs 497.70 crore compared to Rs 298.90 crore during the year-ago period.
Loan disbursements during the quarter grew by 22% to Rs 1,554.41 crore as against Rs 1,274.05 crore in the corresponding quarter previous year.
At the same time, loan sanctions rose by 17.44% to Rs 2,078.57 crore as compared to Rs 1,769.95 crore in the April-June period last year.
