Introduction
Discover a world of possibilities as we invite you to explore the finest in real estate. According to a regulatory filing, total revenue rose to Rs 1644 crore from Rs 1559.66 crore in October-December 2023-24. Whether you’re a first-time homebuyer, a seasoned investor, or looking to sell your property, our platform is your gateway to an exceptional real estate experience. Let’s embark on this exciting journey together.
DLF’s net profit
On January 24, DLF Ltd reported a 26 percent growth in the third quarter of this fiscal at Rs. 649 crores in consolidated net profit, the company said in a regulatory filing. Through multiple launches during the quarter, DLF recorded the highest quarterly sales booking of Rs. 9,047 crores.
Property major DLF Ltd’s consolidated net profit rose 27 percent to Rs 655.71 crore in the December quarter on higher revenue and lower expenses. Its net profit in the previous year was Rs.517.94 crore.
According to the regulatory filing, the total consolidated revenue rose to Rs 1,643.51 crore from Rs 1,559.66 crore in the October-December quarter of the financial year 2023-24. In the third quarter of this financial year, DLF’s total expenses decreased from Rs.1,151.62 crore to Rs.1,131.97 crore.
Company Intends to consolidate rental business
Company intends to consolidate rental business. In line with the strategy, the Board has approved the sale of ‘DLF Centre’, a commercial building in New Delhi’s Central Business District, to DLF Cyber City Developers Limited. Company, for a sum of Rs.825 crores.’ said the IT company.
On a standalone basis, DLF’s net profit rose 57 percent to Rs 463.66 crore in the third quarter of this fiscal. Total standalone revenue rose to Rs 1,117.40 crore from Rs 973.89 crore in the previous December quarter, according to a regulatory filing. DLF is India’s largest real estate company in terms of market capitalization.
Conclusion
As we conclude your visit to Openplot.com, we want to express our gratitude for entrusting us with your real estate aspirations. DLF Ltd’s net profit rose to Rs 1,643.51 crore from Rs 1,559.66 crore in the October-December quarter of the financial year 2023-24. It is natural for companies to have ups and downs. Whereas DLF Company is India’s largest real estate company. Welcome to a world where your ideal real estate experience is just a click away!
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