DLF's quarterly profit down 5%

The company said that net profit for the April to June quarter was 1.22 billion rupees

Workers walk past a billboard of DLF Ltd. at Gurgaon on the outskirts of New Delhi

Reuters Mumbai

Last Updated : Aug 13 2015 | 8:01 PM IST

DLF Ltd, India's biggest listed property developer, posted a 5 percent slide in quarterly net profit amid a market slump due to weaker economic growth.

New Delhi-based DLF said that net profit for the April to June quarter was 1.22 billion rupees ($18.7 million), compared with 1.28 billion rupees a year ago.

($1 = 65.2386 rupees)