Housing finance company DHFL has declared a 31% growth in its net profits for fourth quarter, to  Rs. 248 crore.

The company said that total revenues for Q4 were up 21% to Rs. 2,378 crore. For the full FY, Dewan Housing Finance recorded a net profit of Rs. 927 crore, a 27% increase over the last year. Gross NPA logged in 0.94%, while net interest margin stood at 2.99%.

DHFL has mentioned its goal as to "enable every Indian to own a home of his own," and remains focused on the affordable homes segment. It expects the government push in rural housing and access to shelter as a positive for upbeat growth in the coming quarters. The company has hit a new year high today on the results news.