MoneyWorks4Me

DLF’s sales bookings rise nearly 7-fold in Q1FY22

27 Jul 2021 Evaluate

DLF’s sales bookings jumped nearly 7-fold year-on-year to Rs 1,014 crore during the April-June quarter of this fiscal, on strong demand for its independent floors and luxury homes in Gurugram. The company's sales booking stood at Rs 152 crore in the April-June quarter of the 2020-21 fiscal year because of the nationwide lockdown to control the COVID pandemic. It sustained sales momentum during the June quarter despite the resurgence of COVID infections.

DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.

Peers
Company Name CMP
Lodha Developers 1083.00
Prestige EstatesProj 1429.40
Dilip Buildcon 403.55
DLF 623.40
Oberoi Realty 1707.75
View more..