DLF reports 66% rise in Q4 consolidated net profit

22 May 2018

DLF has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported a rise of 28.40% in its net profit at Rs 300.21 crore for the quarter ended March 31, 2018 as compared to Rs 233.80 crore for the same quarter in the previous year. However, total income of the company decreased by 3.99% at Rs 1,360.44 crore for quarter under review as compared to Rs 1,416.97 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported rise of 66.11% in its net profit at Rs 247.73 crore for the quarter ended March 31, 2018 as compared to Rs 149.14 crore for the corresponding quarter in the FY17. However, total consolidated income of the company declined 26.50% at Rs 1,845.92 crore for quarter under review as compared to Rs 2,511.37 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a fall of 38.78% in its net profit at Rs 365.20 crore as compared to Rs 596.55 crore for the previous year. Total income of company decreased by 13.65% at Rs 3,803.79 crore for year under review as compared to Rs 4,405.30 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted over 6-fold jump in its net profit at Rs 4,463.86 crore as compared to Rs 714.79 crore for the previous year. However, total consolidated income of company decreased by 14.28% at Rs 7,663.71 crore for year under review as compared to Rs 8,940.51 crore for the year ended March 31, 2017.

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