Housing finance company, DHFL (Dewan Housing Finance Corporation Ltd) has posted a net profit of Rs. 75 crore for the quarter ended December 2011, up 21% from Rs 62 crore in the corresponding year-ago period.
Healthy growth in housing loan disbursements helped the DHFL post good results.
During the quarter, disbursements grew by 49% to Rs. 2,280 crore (Rs.1,528 crore). Sanctions grew by 44% to Rs. 3,189 crore (Rs. 2,214 crore). The total housing loan portfolio was Rs. 25,224 crore as on December 31, 2011.
The percentage of net NPA's (Non-Performing Assets) to total loans was at 0.17%(0.39 %).
Healthy growth in housing loan disbursements helped the DHFL post good results.
During the quarter, disbursements grew by 49% to Rs. 2,280 crore (Rs.1,528 crore). Sanctions grew by 44% to Rs. 3,189 crore (Rs. 2,214 crore). The total housing loan portfolio was Rs. 25,224 crore as on December 31, 2011.
The percentage of net NPA's (Non-Performing Assets) to total loans was at 0.17%(0.39 %).
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