DLF Ltd’s standalone net profit plunges to half in Q3FY21

New Delhi: Realty player DLF Ltd’s standalone net profit halved to Rs 306 crore in the third quarter of the ongoing fiscal as compared to Rs 601 crore in the same period of the previous fiscal.

The company’s standalone total income, however, almost doubled to Rs 1,303 crore in the third quarter ongoing fiscal as compared to Rs 665 crore in the same period of the previous fiscal, the company said in a regulatory filing. 

The total expenses of the realty firm jumped almost 54 percent to Rs 863 crore during the third quarter of the current fiscal as compared to Rs 560 crore in the same period of the previous fiscal. 

The consolidated net profit increased about 9 percent at Rs 449 crore during the December quarter as compared to Rs 413 crore in the same quarter of the previous year.

The consolidated total income of the company went up by 9 percent at Rs 1,668 crore in the third quarter of the ongoing fiscal as compared to Rs 1,533 crore in the same period of the previous fiscal.

 

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