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Dewan Housing Finance Corp (DHFL) posted a 19 per cent increase in the second quarter net profit at Rs 86 crore (Rs 72 crore a year ago) mainly due to a Rs 19 crore gain by way of treasury income.
DHFL is a non-banking finance company and its primary business is to provide loans for purchase or construction of residential houses.
In the July-September quarter, the total income increased 39 per cent to Rs 818 crore.
The total disbursement of loans during the six-month period ended September 30, 2012 rose 39 per cent to Rs 5,123 crore.
The Board of Directors has approved an interim dividend of Rs 2 a share.
>satyanarayan.iyer@thehindu.co.in
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