DLF reports marginal drop in net profit


Orissa real estate, Bhubaneshwar real estate, Delhi NCR real estate, Bangalore Real Estate, JLLM, Jones Lang LaSalle Meghraj, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, KP Singh, DLF, property news, real estate news, Mumbai Real Estate, India PropertyDLF Ltd has reported a marginal drop of 4.8% in its net profit for the year ending 31 March 2011. Company’s consolidated net profit stood at Rs.1,640 crore compared to Rs.1,720 crore in FY10. The earnings per share for the year stood at Rs.9.66 versus Rs10.13 in FY10.

However, for the quarter ending 31 March, firm’s net profit stood at Rs.344.54 crore, a drop of 19% compared to Rs.426.38 crore in the corresponding period in the previous fiscal. It reported consolidated revenue of Rs.10,145 crore for the year ending 31 March 2011, an increase of 29% from Rs.7,851 crore in the corresponding period in the previous fiscal.

EBIDTA stood at Rs.4,337 crore, after adjusting for a one-time cost reset due to input price inflation of Rs.475 crore.


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