New Delhi: the embattled home finance player DHFL registered a consolidated net loss of Rs 6,640.62 crore for the second quarter ended 30 September 2019. The company has registered a net profit of Rs 439.51 crore in the same quarter of the previous fiscal.
The consolidated total revenues from the operations of Dewan Housing Finance Corporation (DHFL) declined a whopping 40 percent to Rs 2,106.71 crore in the second quarter of the current fiscal as against Rs 3,483.32 crore in the same period of the previous fiscal, the company said in a regulatory filing.
DHFL is facing insolvency proceedings on the orders of the National Company Law Tribunal.