DLF’s Q1 net surges over three-fold

DLF has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a rise of 296.32% in its net profit at Rs 367.15 crore for the quarter, as compared to Rs 92.64 crore for the same quarter in the previous year.  Total income of the company has increased by 21.76% to Rs 1028.91 crore for the quarter under review as compared to Rs 845.00 crore for the quarter ended June 30, 2011.

On the consolidated basis, the company has reported a fall of 18.30% in its net profit at Rs 292.79 crore for the quarter, as compared to Rs 358.36 crore for the same quarter in the previous year. Total income of the company has decreased by 7.00% to Rs 2328.85 crore for the quarter under review as compared to Rs 2503.23 crore for the quarter ended June 30, 2011.