India's largest real estate company DLF Ltd on recently reported a 39% fall in its consolidated net profit at Rs. 212 crore for the quarter ended March 31, on high interest outgo.
The DLF Ltd had posted a net profit of Rs. 345 crore in the year ago period. The total income from operations declined marginally to Rs 2,617 crore in the fourth quarter of 2011-12 financial year as against Rs. 2,683 crore in the corresponding period of previous year.
The interest outgo in the fourth quarter in creased to Rs. 604 crore from Rs 456 crore in the year ago period. As on December 31, 2011, DLF Ltd had a debt of over Rs. 22,000 crore.
In 2011-12 financial year, the net profit fell by 27% to Rs 1,201 crore from Rs 1,640 crore in the previous year.
The income from operations, however, rose to Rs. 9,629 crore in 201112 from Rs 9,561 crore in the previous financial year.
The DLF Ltd had posted a net profit of Rs. 345 crore in the year ago period. The total income from operations declined marginally to Rs 2,617 crore in the fourth quarter of 2011-12 financial year as against Rs. 2,683 crore in the corresponding period of previous year.
The interest outgo in the fourth quarter in creased to Rs. 604 crore from Rs 456 crore in the year ago period. As on December 31, 2011, DLF Ltd had a debt of over Rs. 22,000 crore.
In 2011-12 financial year, the net profit fell by 27% to Rs 1,201 crore from Rs 1,640 crore in the previous year.
The income from operations, however, rose to Rs. 9,629 crore in 201112 from Rs 9,561 crore in the previous financial year.
No comments:
Post a Comment