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DLF reports 79% rise in Q4 consolidated net profit

22 May 2019 Evaluate

DLF has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 15.62% in its net profit at Rs 253.33 crore for the quarter under review as compared to Rs 300.21 crore for the same quarter in the previous year. Total income of the company decreased by 23.87% at Rs 1,035.66 crore for Q4FY19 as compared Rs 1,360.44 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 78.73% in its net profit at Rs 434.77 crore for the quarter under review as compared to Rs 243.26 crore for the same quarter in the previous year. Total income of the company increased by 44.15% at Rs 2,660.95 crore for Q4FY19 as compared Rs 1,845.92 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 88.28% in its net profit at Rs 687.60 crore as compared to Rs 365.20 crore for the previous year. However, total income of the company decreased by 2.50% at Rs 3,708.77 crore for year under review as compared to Rs 3,803.79 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 70.65% in its net profit at Rs 1,314.07 crore as compared to Rs 4,476.79 crore for the previous year. However, total income of the company increased by 17.82% at Rs 9,029.41 crore for year under review as compared to Rs 7,663.71 crore for year ended March 31, 2018.

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