Home loan and housing finance firm DHFL reported a 31% increase in its net profit to ₹248 crore for the quarter ended March 31. Profit before tax rose 33 % to ₹376 crore while total Income increased by 21% to ₹2,378 crore during the period under review. “Loan disbursements and sanctions were ₹8,699 crore and ₹13,149 crore, respectively for the quarter ended March 31, 2017, showing an increase of 11% and 3% respectively over the corresponding period of the previous year,” the company said in a statement. Its gross non-performing assets stood at 0.94%, as on March end.
