On a consolidated basis, the realty major posted a net profit of Rs 480.94 crore in Q4 FY21 as against net loss of Rs 1,857.76 crore in Q4 FY20.The realty major registered a 1.1% rise in net sales to Rs 1,712.57 crore in Q4 FY21 from Rs 1,694.20 crore in Q4 FY20. Pre-tax profit stood at Rs 418.15 crore in Q4 FY21 as against a pre-tax loss of Rs 129.72 crore in Q4 FY20. EBITDA stood at Rs 648 crore, reflecting Y-o-Y growth of 31% in Q4 FY21.
DLF said demand in the residential business exhibited a strong comeback in the fiscal. New Sales bookings for the fiscal stood at Rs 3,084 crore, reflecting a Y-o-Y growth of 24%. The realty company s new product launches of Independent floors in DLF City and New Gurgaon witnessed healthy absorption vindicating demand for quality products in established locations. DLF clocked new products sales booking of Rs 908 crore during the second half of the fiscal. Optimized cost structures and efficient working capital management coupled with a steady ram
New Delhi [India], June 12 (ANI): Real estate major DLF Group has posted 42 per cent year-on-year growth in its net profit at Rs 481 crore for the January to March quarter.
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