Q3FY17 Result : DLF Ltd

Bhagyashree Vivarekar / 14 Feb 2017

Q3FY17 Result : DLF Ltd

The company reported total sales of Rs 2057.92 crore for Q3FY17, which represents a 0.62 per cent sequential decline and 30.23 per cent YoY decline.

Real estate major DLF Ltd. reported its results for the quarter ended December 31, 2016 today.

The company reported total sales of Rs 2057.92 crore for Q3FY17, which represents a 0.62 per cent sequential decline and 30.23 per cent YoY decline.

Its operating profit (EBIT) for the quarter came in at Rs 815.79 crore and its EBIT margin stood at 39.64 per cent.

The company reported PAT of Rs 98.14 crore, which represents a sequential QoQ decline of 52.38 per cent and a YoY decline of 46.11 per cent.

DLF Ltd is an Indian real estate company. Its primary business is split into two divisions, firstly, development of residential, commercial and retail properties; secondly, rental business of offices and retails. Apart from this, the company also owns wind power plants.

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