DEWAN HOUSING FINANCE CORPORATION LIMITED
Article Abstract:
Dewan Housing Finance Corporation Limited of Mumbai has declared its unaudited financial results for the first quarter ended June 30, 1998. (ag) --------------------------------------------------------- Unaudited financial results of Dewan Housing Finance Corporation Limited --------------------------------------------------------- Particulars Quarter ended Year ended (Rs in lakh) 30/6/1998 31/3/1998* --------------------------------------------------------- Interest income 1,939.60 7,394.42 --------------------------------------------------------- Other income 140.32 663.74 --------------------------------------------------------- Expenditure 194.95 909.76 --------------------------------------------------------- Interest 1,499.59 5,808.75 --------------------------------------------------------- Post-interest gross profit 385.38 1,339.65 --------------------------------------------------------- Depreciation 11.18 41.54 --------------------------------------------------------- Tax 0 260.00 --------------------------------------------------------- Net profit 374.20 1,038.11 --------------------------------------------------------- Equity 2,801.23 2,801.23 --------------------------------------------------------- Reserves - 3,250.91 --------------------------------------------------------- * : Audited ---------------------------------------------------------
Comment:
Posts net profit of Rs1,038.11 lakh for year ended 3/31/98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
LIC HOUSING RECORDS 13% JUMP IN NET
Article Abstract:
LIC Housing Finance Ltd has increased its net profit by 13 percent during April-December 1998 to Rs62.23 crore compared to Rs55.23 crore during April-December 1997. The company's income from operations increased by 17 percent to Rs401.13 crore from Rs342 crore while profit before tax rose by 13.36 percent to Rs81.48 crore from Rs71.88 crore. The company's All-India sanctions registered a growth of 31 percent to Rs807.73 crore against Rs613.87 crore while disbursements grew to Rs707.93 crore. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
DEWAN HOUSING FINANCE POSTS 33% RISE IN NET
Article Abstract:
Dewan Housing Finance Corporation Ltd(DHFCL) has registered a 33 percent jump in its net profit to Rs10.38 crore in 1997-98 (Rs7.80 crore in 1996-97). Its total revenue has increased to Rs80.58 crore (Rs73.21 crore). Its gross profit is Rs12.98 crore (Rs11.08 crore). It disbursed loans of Rs92.25 crore (Rs64.42 crore). Its non performing assets was 0.45 percent of its total loan portfolio. It has declared a 14 percent dividend for 1997- 98. (rk)
Comment:
Registers 33% jump in net profit to Rs10.38 crore in 1997-98, against net profit of Rs7.80 crore in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: CHENNAI: ANOTHER IT ASPIRANT BEST & CROMPTON TO REOPEN FOUNDRIES IN B'LORE, CHENNAI BNP OPENS 7TH INDIAN BRANCH IN CHENNAI
- Abstracts: GROWING ANGST ON INDIA'S PLANTATIONS PLANTATION SECTOR: OVER-REGULATED, OVER-ADMINISTERED TATA TEA STICKS TO NORMS, SIPS THE CUP OF BLISS
- Abstracts: PRIVATE PLACEMENT MOBILISATION UP 65% IN `97-98 MFs SHOW 45% GROWTH IN RESOURCE MOBILISATION. RIGHTS ISSUE MOBILISATION FALLS