Dewan Housing Finance (DHFL) Q3 profit rises 15% to Rs 159.6 crore

Dewan Housing Finance Corporation's third (3^rd) quarter profit jump 15.4 percent year on year to Rs 159.6 crore focused by strong net interest income. Profit, however, was limited by provisions for deferred tax liability on special IT reserve of Rs 13.33 crore (against Rs 11.62 crore Q3FY15).

Dewan Housing Finance Corporation 's third (3^rd) quarter profit jumped 15.4 percent year on year to Rs 159.6 crore driven by strong net interest income. Profi

t, however, was controlled by provisions for deferred tax liability on special IT reserve of Rs 13.33 crore (against Rs 11.62 crore Q3FY15).

Total income raise 17.3 percent on yearly basis to Rs 1,526.5 crore and net interest income surge 25.4 percent to Rs 392.6 crore in the quarter gone by. DHFL  housing loans sanctioned during the quarter amounted to Rs 7,071.77 crore, up 19 percent compared to year-ago period while disbursements jumped 22 percent to Rs 4,923.2 crore Y-o-Y. It securitised/allocate pool of housing and property loans total to Rs 497.97 crore in (3^rd) third quarter of FY15.

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