ADVERTISEMENT

DHFL’s net loss widens to ₹6,705 crore

January 23, 2020 10:49 pm | Updated January 24, 2020 11:17 am IST - Mumbai

Troubled mortgage lender Dewan Housing Finance Corporation reported a net loss of ₹6,705 crore for the July-September quarter.

Representational image. File

Troubled mortgage lender Dewan Housing Finance Corporation reported a net loss of ₹6,705 crore for the July-September quarter, as compared to ₹206 crore loss in the previous quarter.

The lender reported a net profit of ₹439 crore during the second quarter of the previous financial year.

“The administrator, advisors and present KMPs [key managerial personnel] take no responsibility with respect to the accuracy, validity, completeness or authenticity of the information and figures mentioned in the unaudited financial results as they belong to a period prior to the date of their joining the company,” the company said.

ADVERTISEMENT

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
This is your last free article.

ADVERTISEMENT

ADVERTISEMENT