DLF Ltd’ clocks net profit of Rs 481 cr for Q4FY21, full year profit of Rs 1,094 cr
New Delhi: DLF Ltd’s consolidated net profit stood at Rs 481 crore for the fourth quarter of the last fiscal as compared to a net loss of Rs 1,858 crore in the same period of the previous fiscal.
The total income of the realty major jumped to Rs 1,907 crore in the fourth quarter of the last fiscal as compared to Rs 1,873.80 in the same quarter of the previous fiscal, the company said in a regulatory filing.
For the whole of 2020-21 fiscal, the company posted a net profit of Rs 1,094 crore as compared to a net loss of Rs 583 crore in the previous fiscal. The total income of the company fell to Rs 5,945 crore last fiscal as compared to Rs 6,888 crore in the previous fiscal.
DLF Ltd appointed Ashok Tyagi and Devinder Singh as the new CEOs.
Ashok Tyagi and Devinder Singh are both whole time directors but they have been re-designated as CEOs and whole time directors with immediate effect. The board of the company has also "co-opted Savitri Devi Singh and Anushka Singh as additional directors of the company with immediate effect, subject to the approval of shareholders." Savitri and Anushka are daughters of DLF Chairman Rajiv Singh.