Thu, Jan 25, 2024
Shares of DLF, India's leading real estate developer, surged after reporting strong financial results for the December quarter (Q3 FY24). Net profit jumped 26.6% to Rs 656 crore, driven by record sales bookings of Rs 9,047 crore and improved operational revenue. Launch of new luxury, mixed-use, and independent living projects across Gurugram and Panchkula contributed to the surge.
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Fri, Nov 03, 2023
DLF shares are soaring to new heights, even though the government has imposed a ban on construction activities in Delhi-NCR. What's going on? Is the real estate market rebounding? In this video, we take a closer look at DLF's recent performance and try to figure out what's next for the company and the real estate sector as a whole.
Tue, Oct 31, 2023
DLF has posted stellar results for the quarter ended September 2023, with PAT jumping 30.3% YoY to Rs 622 crore. Revenue came in at Rs 1348 crore, while consolidated EBITDA was up 6% YoY at Rs 462.3 crore. New sales bookings stood at Rs 2,228 crore, while collections were strong, resulting in record cash flow generation. The company has also achieved a net debt zero position.
DLF share price: New sales bookings at the company for the quarter stood at Rs 2,228 crore.
Mon, Oct 30, 2023
Stocks to watch: Adani Total Gas, Aether Industries, Ajanta Pharma, Amara Raja Batteries, Bharti Airtel, Care Ratings, CE Info Systems, DCB Bank, Dhampur Sugar, GAIL, Go Fashion, IOC, JSW Holdings, Birlasoft, and L&T, among others, will declare their quarterly results today.
Tue, Sep 05, 2023
DLF shares scaled a 52-week high of Rs 525.75 on September 5 on the back of the company announcing a pipeline of residential project launches worth nearly Rs 20,000 crore for the fiscal. The launches are spread across Gurugram, Panchkula, Chennai and Mumbai.
Mon, May 08, 2023
DLF share price: Anil Singhvi is of the view that DLF is the market leader with a strong growth outlook.
Fri, Jan 27, 2023
The company plans to develop around 1,100 apartments in this residential project, DLF Group Executive Director and Chief Business Officer Aakash Ohri told PTI.
Tue, Dec 27, 2022
Shares of DLF fell on news of Noida Authority slapping a Rs 235 crore penalty on the company. DLF has been asked to pay the fine in a land dispute with the authority with respect to Mall of India in Noida.
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