DHFL reports consolidated net profit of Rs 96.75 crore in the last quarter
Dewan Housing Finance Corporation (DHFL) on Sunday reported a consolidated net profit of Rs 96.75 crore for the last quarter of the fiscal ended March 2021.
The company, which is under the corporate insolvency process, had posted a net loss of Rs 7,507 crore in the January-March quarter of the year-ago fiscal. The company had reported a loss of Rs 13,095.38 crore in the December quarter of 2020-21.
For the full year 2020-21, the non-banking finance company posted a net loss of Rs 15,051.17 crore, which widened from Rs 13,455.81 crore in 2019-20, DHFL said in a regulatory filing.
The total consolidated income in the fourth quarter fell to Rs 2,060.57 crore from Rs 2,160.98 crore in Q4, 2019-20. For 2020-21, total income was down to Rs 8,802.78 crore from Rs 9,578.85 crorea year ago.