NEW DELHI (INDIA): India’s largest realty firm DLF Ltd on Friday reported Rs 135.63 crore consolidated net profit for the March quarter of last fiscal.
It had in contrast posted a net loss of Rs 180.54 crore in the same period of the 2015-16 fiscal, according to a regulatory filing by the company.
DLF’s total income fell to Rs 2,511.37 crore in the fourth quarter of last fiscal from Rs 2,732.76 crore in the year-ago period.
For the entire 2016-17 fiscal, DLF’s net profit doubled to 694.17 crore from Rs 331.95 crore in the previous year.
Total income, however, fell to Rs 8,940.51 crore in 2016-17 from Rs 10,597.04 crore in the previous year.
The board has recommended a dividend of Rs 2 per equity share.
Source: Press Trust of India