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DLF Ltd Q2FY24; 30% rise in Profits

DLF Ltd with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to planning, execution, construction and marketing of projects. It is also engaged in business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of real estate business.

Financial Results:

DLF Ltd reported Revenues for Q2FY24 of ₹1,348.00 Crores up from ₹1,302.00 Crore year on year, a rise of 3.53%.

Total Expenses for Q2FY24 of ₹1,012.00 Crores up from ₹1,010.00 Crores year on year, a rise of 0.2%.

Consolidated Net Profit of ₹622.00 Crores up 30.4% from ₹477.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.52, up 30.57% from ₹1.93 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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