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On Friday, DLF reported a net profit of Rs 527 crore for Q1FY24 which was up from Rs 470 crore in the same period last year. Revenue from operations during the quarter, however, fell by a marginal 1% to Rs 1,423 crore in the June quarter. The same stood at Rs 1,441 crore a year ago.
DLF rose 2.87 per cent to hit a high of Rs 403.70 on BSE. At this price, the stock was 6.5 per cent away from its 52-week high of Rs 429.80 hit in January earlier this year
While many pet grooming businesses were forced to close for good and others left the industry, pet adoptions went up. This has led to a shortage of workers.
The numbers are impressive and speak volumes of the inherent value of this project. ONE Midtown will be an inimitable addition to the New Delhi skyline, said Aakash Ohri, group executive director and chief business officer, DLF Home Developers
The One Midtown is the fourth project in the entire development at Shivaji Marg in Moti Nagar, named DLF Midtown. The company has the land bank to develop more such projects at Moti Nagar.