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.
More >
Mon, Jan 08, 2024
At around 1:38 p.m., shares of the DLF traded 1.5 per cent or Rs 11.30, higher on the BSE at Rs 764.25 apiece. The market capitalisation of the company at around the same time stood at Rs 1,89,175.7 crore.
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.
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.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
