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DLF Q4 net drops 23% to Rs 132 crore

DLF Q4 net drops 23% to Rs 132 crore

NEW DELHI: India's largest real estate firm DLF has reported a 23% drop in its consolidated net profit at Rs 132 crore for the quarter ended March 2016, compared to a net profit of Rs 172 crore, in the same quarter last year. The company's consolidated revenues increased by 19% to Rs 2,496 crore for the January-March 2016 quarter from Rs 2,101 crore a year ago, but were down 16% from Rs 2,981 crore in the quarter ended December 2015. 

DLF's EBIDTA stood at Rs 1,035 crore in the quarter, up 23% from Rs 843 crore a year ago. For the year ended March 2016, DLF's net profit rose 2% to Rs 549 crore compared to Rs 540 crore in the previous year. 

Consolidated revenue for the year stood at Rs 9,819 crore, up 20% fromRs 8,168 crore in the previous year. DLF achieved net sales of 1.14 million sq ft worth Rs 3,150 crore during the year. It completed 14.07 million sq ft of space across projects in the year and achieved net leasing of 1.02 million sq ft of office space duof office space during the year. With this the company's overall annuity income grew to around Rs 2,600 crore. DLF said the residential sector remained soft during the year with muted demand across most micro markets in which the company is present. 

"DLF 5, however, continued to garner good interest and clocked in healthy sales amounting to approx. 

Rs 2,940 crore," it said. "During the last few quarters the company has witnessed large number of inquiries signaling early green shoots of recovery for the sector. The Company believes that the sector can see a turnaround in the near future." 


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2017-01-04 22:38:27

What makes you think the Google Comet is a free phone? I can guarantee you that no free government phone is going to be a touch screen. You get the bottom of the barrel phone with no camera. Also if I am not mistaken the Google Comet is strictly for T-Mobile

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2017-01-05 00:44:00

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Citizens’ Initiative (ECI) and next week some editors will organise a workshop at the social media conference re:publica 10 in Berlin to discuss some of the campaigning issues

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2017-01-25 14:29:31

Hi!Ich benutze den FS-Driver auch schon seit längerem (produktiv) und habe bisher keine Probleme entdeckt. Ausführliche QA-Tests oder Benchmarks habe ich allerdings nicht gestartet.Einzig zu beachten: Startet NICHT unter Linux, nachdem Ihr den Rechner unter Windows nur in den Ruhezustand gefahren habt! Die Ext2/3-Partitionen sollten unbedingt ganz normal ausgehängt werden, das passiert beim normalen Windows herunterfahren.

2017-01-25 16:18:42

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2017-01-25 21:34:17

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2017-01-25 23:23:14

Justin, you have been preparing for this longer than you realize. What a brilliant opportunity…for you and those of us living through you vicariously.I am going to look for A Rainbow In The Night.Thank you.Tammie

2017-01-26 01:22:08

Cada dia que passa me convenço que só tem torcedor delirante e fora da realidade pras banda do lixão.Não tem um item sequer que levem vantagem em relaçao ao Bahia, mesmo tendo 32 anos a mais de fundado e ficam se “achando”. Os burronegros tem que se comparar com o Criciuma e mesmo assim sai perdendo.Criciuma tem título da série B e eles nem isso. Bahia (2 titulos nacionais) Vice ( 0 ) Bahia (44 baianos) Vice (26 ) Bahia (disputou 3 Libertadores) Vice (0)

2017-01-26 02:33:10

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2017-01-26 02:33:42

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2017-01-26 03:19:10

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