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DLF reports 9% fall in Q3 consolidated net profit

10 Feb 2015 Evaluate

DLF has reported results for third quarter ended December 31, 2014.

The company has reported a net profit of Rs 157.35 crore for the quarter under review as compared to a net loss of Rs 115.66 crore for the same quarter in the previous year. Total income of the company increased by 21.99% at Rs 1018.34 crore for Q3FY15 as compared Rs 834.74 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after tax and minority interest declined 9.29% to Rs 131.79 crore for the Q3 FY15, as compared to Rs 145.29 crore in Q3 FY14. Total income decreased 19.70% to Rs 2079.82 crore in the quarter under review as compared to Rs 2590.2 crore in the corresponding quarter previous year.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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