Realty developer DLF has reported 68% on-year rise in its consolidated net profit at Rs 410 crore for the quarter ended March. Total income for the period also rose 44% to Rs 2,660.95 crore, the company said in a regulatory filing.

The company has declared dividend of Rs 2 per share for the year ended March.

DLF’s consolidated revenue at the end of the financial year rose 18% to Rs 9,029 crore, while net profit stood at Rs 1,316 crore.

It achieved net sales of Rs 2,435 crore during the year as against Rs 1,000 crore a year ago. During the year, DLF completed projects spread over 6.3.million sq ft, while leased 1.54 million sq ft through its rental arm DCCDL.





READ SOURCE

READ  Rising wages start to erode central Europe’s competitiveness

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here