DHFL Unaudited Financial Results for Q3 FY 2011-12
Press Release
DHFL Net Profit for 9M FY 2011-12 up by 24.33%
as compared to corresponding period previous year
Highlights for the Nine month / Quarterended December 31, 2011
Amount in Rupees Crore
Nine month Nine month
ended
ended
Growth
December
December
(%)
2011
2010
Quarter
Quarter
ended
ended Growth
December December (%)
2011
2010
Profit After Tax
212.65
171.04
24.33
74.97
61.76
21.39
Profit Before Tax
272.92
225.09
21.25
98.82
81.06
21.91
1,748.56
1016.61
72.00
661.89
386.86
71.09
5,972.83
4471.93
33.56
2,279.78
1527.91
49.21
8,380.89
6209.37
34.97
3,189.53 2,214.22 44.05
Total Income
Loan
Disbursements
Loan Sanctions
Mumbai, January 16, 2012: DHFL, India’s third largest housing finance company,
today announced its results for the nine months /third quarter ended December 31,
2011.
DHFL, 6th Floor, HDIL Tower, AnantKanekarMarg, Bandra (E) Mumbai - 51 (F): +91 22 6774 8181 (E):
[email protected]
DHFL Unaudited Financial Results for Q3 FY 2011-12
Performance Details for the Nine month period ended December 31, 2011
as compared to the corresponding year:
 Net profit jumped by 24.33 % to Rs. 212.65 crorefor the nine-month
periodended December 31, 2011as against Rs. 171.04 crorein the
corresponding previous period.
 Profit before tax grew by 21.25 % to Rs. 272.92 croreduring the ninemonth periodended December 31, 2011as against Rs. 225.09 crorein the
corresponding previous period.
 Loan disbursements grew by 33.56 % to Rs.5,972.83 crore during the
nine-month periodended December 31, 2011as against Rs. 4,471.93crore
in the corresponding previous period.
 Loan sanctions grew by 34.97% to Rs.8,380.89 crore during the ninemonth periodended December 31, 2011 as against Rs. 6,209.37crore in the
corresponding previous period.
 Total Income grew by 72.00% to Rs. 1,748.56 crore during the ninemonth periodended December 31, 2011as against Rs. 1,016.61crore in the
corresponding previous period.
 Net NPA stood at 0.17 % as against 0.39% and Gross NPA stood at 0.89
% as against 0.99 %.
 The company maintained its Net Interest Margin at2.78%
DHFL, 6th Floor, HDIL Tower, AnantKanekarMarg, Bandra (E) Mumbai - 51 (F): +91 22 6774 8181 (E):
[email protected]
DHFL Unaudited Financial Results for Q3 FY 2011-12
Performance Details for the Quarter ended December 31, 2011 as
compared to the corresponding quarter last year:
 Net profit jumped by 21.39%to Rs. 74.97 crorefor the quarter ended
December 31, 2011 as against Rs. 61.76 crorein the corresponding quarter
previous year.
 Profit before tax grew by 21.91%to Rs. 98.82crore for the quarter ended
December 31, 2011as against Rs. 81.06 crore in the corresponding quarter
previous year.
 Loan disbursements grew by 49.21 %to Rs. 2,279.78crore during the
third quarter ended December 31, 2011as against Rs. 1,527.91 crorein the
corresponding quarter previous year.
 Loan sanctions grew by 44.05%to Rs.3,189.53 crore during the third
quarter ended December 31, 2011 as against Rs. 2,214.22 crorein the
corresponding quarter previous year.
 Total Incomegrew by 71.09 %toRs. 661.89 croreduring the third quarter
ended December 31, 2011as against Rs. 386.86 crore in the corresponding
quarter previous year.
Statement from Mr. Kapil Wadhawan, CMD, DHFL:
“DHFL has been consistent in its commitment towards the Lower and Middle Income
(LMI) segment in the semi-urban and rural areas of India. The company has
consistently grown its portfolio and profitability through its thorough understanding
of its customer base and also through its strong credit appraisal skills that have
evolved over the last 27 years of its operations.“
DHFL, 6th Floor, HDIL Tower, AnantKanekarMarg, Bandra (E) Mumbai - 51 (F): +91 22 6774 8181 (E):
[email protected]
DHFL Unaudited Financial Results for Q3 FY 2011-12
“The company has a robust growth plan in terms of improving its network through
its own branches and alliances across the country and has achieved a housing loan
portfolio of Rs. 25,224crore as on December 31st, 2011.”
Key Business Highlights:
 DHFL Express – Home Loanson Wheels, a campaign launched by DHFL, to
reach out to its customers in the interiors of the country and educate them on
‘housing
and
finance’covered
Karnataka,
Kerala,
Rajasthan,
Punjab,
Uttarakhand, Uttar Pradesh and Maharashtra.
 As on December 31, 2011, DHFLGroup operates across 437 locationsin India.
Accolades
 DHFL was the recipient of the ‘India Power Brand’Award for the second
consecutive year.
CSR Initiative:
 DHFL
partnered
with
AIESEC Mumbai’s
Balakalakaarwhichscouted
talents
amongst 1000 underprivileged children across 10 BMC Schools (E Ward) in
Mumbai and selected 100 students and gave them an opportunity to showcase
their skills at the ‘AIESEC Mumbai Balakalakaar 2011 Finale’ on December 10,
2011 at the Karnataka Sangha Hall in Matunga, Mumbai. Additionally, these 100
students won Vocational Scholarships supported by DHFL to give them a fully
funded admission to
a Vocational Course
of their choice, at the
Jan
ShikshanShramikVidyapeeth.
DHFL, 6th Floor, HDIL Tower, AnantKanekarMarg, Bandra (E) Mumbai - 51 (F): +91 22 6774 8181 (E):
[email protected]
DHFL Unaudited Financial Results for Q3 FY 2011-12
About DHFL
Dewan Housing Finance Corporation Limited (DHFL) was founded in 1984 by Late
Shri Rajesh Kumar Wadhawan with a vision to provide financial access to the lower
and middle income segment of the society. Today, DHFL is the third largest housing
finance company in India with a network across 437 locations. The company’s
representative offices in Dubai and London assist Non-Resident Indians (NRI) to
access housing finance for the purchase of residential properties in India.
www.dhfl.com
Script name DEWANHOUS
NSE code- INE202B01012 / BSE code- 511072
For further information, please contact:
Manish Joshi
Siddhi Lad
Kenneth Peter
Apnavi Yadav
VP & Head
Communications,
Wadhawan Group
09967002938/
09967664664
Sr.Manager
Communications,
Wadhawan Group
09987596040/
09821354619
[email protected]
Manager Communications,
Wadhawan Group
09811689565
[email protected]
Media Executive,
Wadhawan Group
09004025370
[email protected]
[email protected]
DHFL, 6th Floor, HDIL Tower, AnantKanekarMarg, Bandra (E) Mumbai - 51 (F): +91 22 6774 8181 (E):
[email protected]