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

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.

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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