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Mumbai Jan. 25 Dewan Housing Finance Corporation Ltd (DHFL) has posted a 44.91 per cent rise in net profit to Rs 13.52 crore for the third quarter ended December 31, 2006 against Rs 9.32 crore in the corresponding quarter of the previous year.

Total income grew 51.21 per cent to Rs. 89.03 crore, while total expenditure stood at Rs 71.75 crore (Rs 47.21 crore). DHFL's scrip closed at Rs 84.25, down from the previous close of Rs 84.60 on the BSE.

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