DLF Q2 Result: Net profit jumps over 2-fold to Rs 1,381 crore; revenue up 48% to Rs 2,181 crore
Total income rose 48 per cent to Rs 2,180.83 crore during the July-September period of 2024-25 fiscal from Rs 1,476.42 crore in the corresponding period of the preceding year, according to a regulatory filing.
Realty major DLF on Friday reported a more than two-fold jump in its consolidated net profit to Rs 1,381.08 crore in the September quarter on higher income amid strong demand for its luxury properties.
Its net profit stood at Rs 622.78 crore in the year-ago period.
Total income rose 48 per cent to Rs 2,180.83 crore during the July-September period of 2024-25 fiscal from Rs 1,476.42 crore in the corresponding period of the preceding year, according to a regulatory filing.
During the first six months of this fiscal, the company's net profit increased sharply to Rs 2,026.69 crore from Rs 1,149.78 crore in the year-ago period.
Total income grew to Rs 3,910.65 crore during the April-September period of this fiscal from Rs 2,998.13 crore in the corresponding period of the preceding financial year.
DLF is the country's largest real estate firm in market capitalisation.
The company is primarily engaged in the business of development and sale of residential (Development Business) and the development and leasing of commercial and retail properties (annuity business).
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
08:10 PM IST