DHFL registers massive net loss in Q3FY21

New Delhi: Beleaguered home finance company DHFL  registered consolidated net loss of Rs 13,095 crore in the third quarter of the current fiscal as compared to a net profit of Rs 934 crore in the same period of the previous fiscal.

The company’s net loss in the second quarter of the current fiscal stood at Rs 2,122 crore. 

The company is currently under the process of Corporate Insolvency Resolution Process (CRIP). It is now being run by an administrator appointed by RBI. The company is being probed by the Ministry of Corporate Affairs for financial frauds.

 

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