City
Epaper

DHFL logs Q4 net profit of Rs 96.75 cr

By IANS | Updated: June 6, 2021 18:00 IST

Mumbai, June 6 Dewan Housing Finance Corporation Ltd (DHFL) on Sunday reported a consolidated net profit of Rs ...

Open in App

Mumbai, June 6 Dewan Housing Finance Corporation Ltd (DHFL) on Sunday reported a consolidated net profit of Rs 96.75 crore for the January-March quarter.

During the same quarter of FY2019-20, the bankrupt NBFC had posted a consolidated net loss of Rs 7,507.01 crore.

Its total revenue from operations during the fourth quarter of FY21 was Rs 2,034.53 crore.

For the financial year 2020-21, DHFL reported a consolidated net loss of Rs 15,051.17 crore.

In a regulatory filing, the NBFC said: "The company has not made any provision for interest on borrowings amounting to Rs 1,91,213 lakh and Rs 7,65,155 lakh for the quarter and year ended on March 31, 2021, respectively, in view of the company's current Corporate Insolvency Resolution Process (CIRP)."

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: DhflDewan Housing Finance Corporation Ltd
Open in App

Related Stories

NationalDHFL Scam: Former Director Dheeraj Wadhawan Arrested by CBI in Rs 34,000-Crore Bank Fraud Case, Sent to Judicial Custody

MaharashtraHC grants interim medical bail to former DHFL promoter Dheeraj Wadhawan

MaharashtraMumbai: 7 police personnel suspended for special treatment to DHFL promoters Wadhawan brothers in custody

PoliticsGoa departments to go cashless using Paytm: CM

NationalBurden of Griha Jyoti scheme not put on industrialists: Karnataka CM Siddaramaiah

International Realted Stories

InternationalCalifornia court rules Stanford University can keep Mao Zedong aide's diaries, marking setback for Beijing: Report

InternationalEx-Pakistani minister calls for creating panel to examine cases of forced conversion, marriage of minor girls

InternationalPakistan's military behaves more like mercenary force: Report

InternationalOver 180 global delegations to attend International Security Forum

International"Strike could trigger nuclear accident," WHO chief raises alarm over latest attacks on Iran power plant