For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

DHFL Slips Over 2 Percent Despite 17 Percent Rise In Q4 Net Profit

By Religare
|

Shares of Dewan Housing Finance Corporation Ltd (DHFL) fell by over 2 per cent on Bombay Stock Exchange (BSE) after the company missed analysts' estimates on Q4 net profit. The company reported 16.9 per cent rise in standalone net profit to Rs 189.66 crore as from Rs 162.28 crore in the same quarter last fiscal. The housing Finance company reported standalone total income of Rs 1,964 crore in the quarter under review signifying a rise of 24.27 per cent (YoY).

DHFL Slips Over 2 Percent Despite 17 Percent Rise In Q4 Net Profit
Dewan Housing Finance Corporation: Quotes, News
BSE 56.20BSE Quote5.6 (9.96%)
NSE 56.25NSE Quote5.65 (10.04%)
Reacting to the news, shares of company dropped 2.22 per cent to Rs 193.65 a piece on the BSE.
 

Shares of the company dipped 2.12 per cent to Rs 193.80 a piece on National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 25,232.72, up by 130.99 points, or 0.52 per cent, at 11:30 hours.

Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more