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Realty firm DLF is venturing into the Mumbai property market with a 2.5 million sq ft project in Andheri West. DLF Home Developers has executed a securities subscription and shareholders agreement, pursuant to which its wholly-owned subsidiary-Pegeen Builders & Developers Private Limited will allot 9800 equity shares at par to Trident Buildtech.
DLF, India's largest real estate company by market value, reported a higher first-quarter profit on Friday, as lower costs and a higher share of profits from its joint ventures more than offset a...
"This trend is primarily influenced by heightened consumer confidence in these brands, substantial improvements in their financial positions, and their ability to deliver high-quality, secure, and sustainable ecosystems over the years," DLF chairman Rajiv Singh said in the companys annual report. In Q4 FY23, DLF reported a net profit of Rs 580 crore, marking a 30% year-on-year increase, attributed to the robust performance of its residential business.
"DLF Limited: Q4 and FY23 Earnings Conference Call" May 13, 2023 MANAGEMENT: MR. ASHOK KUMAR TYAGI - WHOLE TIME DIRECTOR AND CEO -... | May 16, 2023
Between October to December 2022 quarter, DLF's residential business garnered a strong performance and clocked one of the highest quarterly new sales bookings of ₹2,507 crore, reflecting a YoY growth of 24%