INSUBCONTINENT EXCLUSIVE:
in the fourth quarter aided by home loans that make up two-thirds of its portfolio.
Net profit rose to ?312.4 crore for the quarter ended
March 2018, against adjusted profit of ?248.3 crore in the year-ago period
In the fourth quarter of FY17, the company reported a profit of ?2,218 crore, boosted by one-time exceptional gains of ?1,969 crore due to
the year ended March 31, 2018, aided by increases in loan sanctions and disbursements
Net interest margin is at 3.04% at the end of the quarter
For FY18, loans sanctioned rose 66% to?65,936 crore, while disbursements increased 57% to ?44,800 crore.
Asset quality was stable, with
including the green shoe option, through public issue of secured redeemable non-convertible debentures (NCDs) of face value ?1,000 each in
DHFL shares rose 0.99% to ?640.60 on the BSE.
