DLF Q4 net profit rises 62% to ₹920.71 crore on the back of strong housing sales

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Real estate major DLF Ltd on May 13 reported a 62% increase in its consolidated net profit to 920.71 crore in the quarter ended March on the back of strong housing sales, according to a regulatory filing.

Real estate major DLF Ltd on May 13 reported a 62% increase in its consolidated net profit to <span class=
Real estate major DLF Ltd on May 13 reported a 62% increase in its consolidated net profit to 920.71 crore in the quarter ended March on higher income following strong housing sales, according to a regulatory filing.

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The company’s net profit stood at 570.01 crore in the year-ago period.

DLF’s total income increased to 2316.70 crore in the fourth quarter of 2023-24 fiscal from 1,575.70 crore in the corresponding period of the previous year, according to a regulatory filing.

During 2023-24 fiscal, the company’s net profit increased to 2,727.09 crore from 2,035.83 crore in the preceding year. Total income grew to 6,958.34 crore during the last fiscal from 6,012.14 crore in the 2022-23 financial year.

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