Realty major DLF on Thursday reported a 15% decline in consolidated net profit at ₹1,180.09 crore for the quarter ended September, compared to ₹1,381.22 crore in the corresponding period last year, primarily due to lower revenue from operations.
Revenue from operations fell to ₹1,643.04 crore during the July–September period of the current fiscal year from ₹1,975.02 crore a year earlier. However, total income rose marginally to ₹2,261.80 crore from ₹2,180.83 crore in the year-ago quarter, aided by higher other income.
DLF, one of India’s largest real estate developers by market capitalisation, continues to maintain a strong presence across residential and commercial segments.
Revenue from operations fell to ₹1,643.04 crore during the July–September period of the current fiscal year from ₹1,975.02 crore a year earlier. However, total income rose marginally to ₹2,261.80 crore from ₹2,180.83 crore in the year-ago quarter, aided by higher other income.
DLF, one of India’s largest real estate developers by market capitalisation, continues to maintain a strong presence across residential and commercial segments.
