Money & Banking

Dewan Housing Q1 net up 22%

Satyanarayan Iyer Mumbai | Updated on March 12, 2018

Dewan Housing Finance Ltd said that it has posted a 22 per cent increase in its first quarter net profit helped by a growth in its loan book.

In the April to June period, the company posted a net profit of Rs 147 crore against Rs 120 crore a year earlier.

The Mumbai-based company’s loan book grew 22 per cent to Rs 42,790 crore..

Shares of the company were trading down 2.59 per cent at Rs 373.60 at 3.05 p.m. on the BSE.

Published on July 24, 2014

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