DHFL Q1 net up 59 pc at Rs 31 cr – PTI.com

Housing finance company DHFL today reported a 59.24 per cent increase in net profit to Rs 31 crore for the quarter ended June 30, 2009.
Total income for the latest quarter was Rs 213.85 crore as against Rs 142.1 crore in the corresponding quarter last year, DHFL said in a statement.
Meanwhile, the board of directors at its meeting held today has accepted the resignations of three of its members -- non-executive Chairman Rakesh Kumar Wadhawan, Sarang Wadhawan as non-executive director and Ashok Kumar Gupta from the post of non-executive independent director.  
Besides, the company has appointed Kapil Wadhawan as Chairman and Managing Director with effect from today.