Business Standard

DLF net profit falls 16% to Rs 379 cr in Q3, revenue flat at Rs 1,550 cr

Company says it clocked record new sales in the quarter amounting to Rs 2,018 crore, reflecting a YoY growth of 97 per cent

DLF's rental arm DCCDL net debt up 3% to Rs 19,640 cr; getting REIT ready
Premium

The slip in profit was on account of an exceptional item related to an investee company defaulting on a debt obligation of Rs 224 crore

Deepsekhar Choudhury Bengaluru
Realty major DLF saw its net profit fall 16 per cent to Rs 379 crore in the third quarter of FY22 from Rs 451 crore in the same period of the previous financial year. The company’s revenue from operations stayed flat at Rs 1,550 crore in the December quarter compared to Rs 1,543 crore in the year-ago period.

The slip in profit was on account of an exceptional item related to an investee company defaulting on a debt obligation of Rs 224 crore. As such, DLF’s profit before exceptional items rose 23 per cent to Rs 476 crore in the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in