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Dewan Housing Finance Corporation standalone net profit rises 1069.29% in the March 2017 quarter

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Capital Market

Sales rise 21.32% to Rs 2375.36 crore

Net profit of Dewan Housing Finance Corporation rose 1069.29% to Rs 2217.68 crore in the quarter ended March 2017 as against Rs 189.66 crore during the previous quarter ended March 2016. Sales rose 21.32% to Rs 2375.36 crore in the quarter ended March 2017 as against Rs 1957.94 crore during the previous quarter ended March 2016.

For the full year,net profit rose 297.21% to Rs 2896.45 crore in the year ended March 2017 as against Rs 729.20 crore during the previous year ended March 2016. Sales rose 21.34% to Rs 8851.76 crore in the year ended March 2017 as against Rs 7295.10 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2375.361957.94 21 8851.767295.10 21 OPM %89.4290.12 -91.2190.63 - PBDT378.99288.09 32 1425.691126.47 27 PBT375.57283.04 33 1402.391102.17 27 NP2217.68189.66 1069 2896.45729.20 297

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First Published: May 03 2017 | 4:23 PM IST

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