DLF Q2 Profit Declines 15% to Rs 1,180 Cr
x
DLF reports a 15% drop in Q2 net profit to Rs 1,180.09 crore due to lower revenue. Total income rises. Learn more about DLF's performance.
New Delhi, Oct 30 (PTI) Realty major DLF on Thursday reported 15 per cent decline in consolidated net profit at Rs 1,180.09 crore for the latest quarter ended September on lower revenue from operations.
Its net profit stood at Rs 1,381.22 crore in the year-ago period.
Revenue from operations fell to Rs 1,643.04 crore during the July-September period of this fiscal year from Rs 1,975.02 crore a year ago.
Total income, however, rose to Rs 2,261.80 crore from Rs 2,180.83 crore in the year-ago period.
DLF is one of the country's largest real estate firms in terms of market capitalisation.
Its net profit stood at Rs 1,381.22 crore in the year-ago period.
Revenue from operations fell to Rs 1,643.04 crore during the July-September period of this fiscal year from Rs 1,975.02 crore a year ago.
Total income, however, rose to Rs 2,261.80 crore from Rs 2,180.83 crore in the year-ago period.
DLF is one of the country's largest real estate firms in terms of market capitalisation.
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