Dewan Housing Finance Ltd (DHFL) on Sunday reported widening of its FY21 consolidated net loss to Rs 15,051.17 crore as compared with a loss of Rs 13,426.85 crore in FY20.
Total income declined to Rs 8,802.79 crore in FY21 from Rs 9,578.85 crore in FY20.
However, the company, which is under corporate insolvency process, posted a profit of Rs 96.75 crore in January-March quarter. It had posted a net loss of Rs 7,507.01 crore crore in the year-ago quarter, while it reported a loss of Rs 13,095.38 crore in October-December quarter of 2020.
Total consolidated income during Q4 of FY21 fell to Rs 2,060.57 crore from Rs 2,160.98 crore in Q4 FY20.
DHFL said it had a balance of Rs 10,209.62 crore as deferred tax asset as on March 31, 2021. It sa…
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