India's DLF Ltd reports 62% Q4 net profit surge to ₹920.71 cr, plans 11 million sq ft of new product launches in FY25.

India's top real estate firm, DLF Ltd, reported a 62% surge in its Q4 consolidated net profit, reaching ₹920.71 crore ($120 million) compared to ₹570.01 crore ($75 million) in the previous year. The company's net profit for the full fiscal year rose by 33% year-on-year to ₹2,733 crore ($362 million). Gross margins reached 60%. Operational cash generation reached a record high of ₹4,385 crore. In view of the strong demand, DLF plans to launch over 11 million sq ft of new products during FY25, targeting various markets, and anticipates steady growth in the business.

May 13, 2024
8 Articles

Further Reading