By Tricitynews Reporter
Chandigarh 20th
October:- DHFL,
one of India’s leading housing finance company in the private
sector, today announced its results for the second quarter
ended September 30, 2016. The company registered a net profit
growth of 28.96% to Rs 232.61 crore for the quarter ended
September 30, 2016.
Assets under Management (AUM) grew by 19.71%
quarter-on-quarter, reaching Rs 75,223 crore from Rs 62,837 crore as on
September 30, 2015.
Commenting on the company’s
financial performance, Kapil Wadhawan, CMD, DHFL said that DHFL has once again
delivered a steady performance. The consistency of our
performance is a result of managing our business dynamically,
and executing our strategy with greater rigor and
discipline. The Company has further recorded a robust
growth in AUM due to the right product mix and attractive
interest rates starting at 9.35% that would further enable every Indian to own
a home of their own.
He further added that this quarter
performance has once again demonstrated that the company is on a sustained
growth path. We are positive that the decision of RBI to cut rates
coupled with a strong demand for affordable housing will enable us to deploy
more capital thereby boosting growth in the coming quarters.
The robust performance in quarter
2 comes as a result of several initiatives that has been
embarked upon by the company in recent past.
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