News
DHFL Q4 net rises 17 per cent to Rs 189 cr
Dewan Housing Finance Corporation Ltd (DHFL) on Wednesday reported a 16.7 per cent rise in its standalone net profit to Rs 189.66 crore for fourth quarter ended March 2016.
According to a PTI report, company’s net profit in the corresponding January-March quarter of 2014-15 stood at Rs 162.28 crore.
Total income (standalone) has increased to Rs 1,964.49 crore as of March 2016, as against Rs 1,580.81 crore in the year-ago period, the company said in a regulatory filing.
On consolidated basis, the full-year net profit rose by 16.6 per cent to Rs 749.30 crore as against Rs 642.47 crore in the previous fiscal, it added.
The report said consolidated income in 2015-16 rose to Rs 7,851.60 crore as against Rs 6,419.61 crore.
The company said the board of directors of DHFL has recommended a final dividend of Rs 2 per equity share for 2015-16.
“The total dividend for this financial year including the interim dividend is Rs 8 per equity share as against Rs 6 per equity share for the previous year”, it added.
-
Interviews4 weeks ago
High Rental Yield, Price Appreciation, Stable Growth, Make Sydney an Ideal Realty Investment Option: Haansal Estate
-
News3 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News3 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News2 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News3 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News3 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News3 weeks ago
Multipoint Connection – A Definite Boon
-
News2 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts