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DHFL reports 29%hike in profit in June quarter

Businessman pointing to growth in a line graph showing business success

On Friday, the mortgage lender DHFL has posted a 29 percent increase in its net profit at Rs 260 crore for the first quarter ended June.

In the same quarter of the last fiscal, the company had posted a net profit of Rs 201.4 crore.

The total income of the company increases to Rs 2,408 crore from Rs 1,956 crore a year earlier.

The loan book outstanding has seen a growth of 20 percent to Rs 76,225 crore during the quarter as compared to Rs 63,646.6 crore in the corresponding quarter of the last fiscal.

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