DEWAN HOUSING FINANCE CORPORATION LTD
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BSE Code:
511072
NSE Code:
DHFL
Business Profile
Business Profile
Dewan Housing Finance Corporation Ltd (DHFL) is an India based housing finance company established in 1984. The company provides products such as home loan for the purchase or construction of house/flat, home improvement and extension loan, home loan for women, NRI loan, plot loan, lease rental financing and property loan. DHFL is one of India`s leading private sector housing finance companies. The company has a network of 50 branches, 104 service locations and 1 representative office catering to the semi-urban and rural belts of India. DHFL Vysya Housing Finance Ltd. is the company`s subsidiary, having operations primarily in Karnataka, Andhra Pradesh, Tamil Nadu and Maharashtra.
Financials
Dewan Housing Finance Corporation registered a 42.68% growth in net profit to Rs 141.72 million for the quarter ended June 2007 from a profit of Rs 99.33 million for the quarter ended June 2006.
Net sales rose 66.34% to Rs 1,085.52 million for the quarter ended June 2007 from Rs 652.59 million for the quarter ended June 2006.
Total income rose 66.00% to Rs 1,086.67 million for the quarter ended June 2007 from Rs 654.62 million for the quarter ended June 2006.
The earnings per share (EPS) of the company stood at Rs 2.83 for the quarter ended June 2007.
Recent Developments
17-APR-08
Dewan Housing finance Corporation (DHFL), the second largest private housing finance company in India, openes its first representative office in the United Kingdom in London. This is DHFL`s second venture in the international market after its foray in the Middle East.