DLF Q4 Net profit up 61.5% to Rs 921 crore

DLF Q4 Net profit up 61.5% to Rs 921 crore, revenue up 47%
India’s largest realty firm DLF reported a 61.5 percent jump in its net profit at Rs 921 crore for the quarter ended 31 March, 2024. The company had posted a net profit of Rs 570 crore in the year-ago period.
DLF’s revenue also surged nearly 47 percent YoY to Rs 2,135 crore in the January-March quarter compared to Rs 1,456 crore the firm reported in Q4FY23.
Its EBITDA, or earnings before interest, taxes, depreciation, and amortization jumped nearly 90 percent to Rs 754.4 crore in the quarter under reveiew from Rs 398.3 crore a year ago. The company’s margin came in at 35.3 percent versus 27.4 percent in Q4FY23.