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News Details

DLF posts Q1 net profit of Rs 269.69 cr

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26/07/2021 18:10
The company reported standalone net profit during the quarter stood at Rs 269.69 crore compared to net loss of Rs 40.00 crore in the previous year quarter.

Net revenue of the company rose two fold by 222.30 per cent at Rs 870.37 crore in April-June quarter of this fiscal as against Rs 270.05 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 76.43 per cent to Rs 454.72 crore from Rs 257.73 crore in year ago period.

Other Income dipped by 32.07 per cent at Rs 78.65 crore versus (Jun'20 Rs 115.78 crore).

Operating Profit surged by 3273.78 per cent to Rs 415.65 crore as against Rs 12.32 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 947.37 per cent in June quarter.

Interest declined by 27.81 per cent y-o-y to Rs 115.67 crore, while Taxation increased by 776.87 per cent at Rs 89.82 crore (Jun'20 Rs -13.27 crore).