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11-Nov-2024

DLF

Net jumps 122% on good operating show, higher profit from associates and tax writeback


'Consolidated net sales (including other operating income) of DLF for the quarter ended Sep 2024 has increased 46.55% to Rs 1975.02 crore.  Operating profit margin has declined from 34.31% to 25.42%, leading to 8.58% rise in operating profit to Rs 502.04 crore.  Employee cost decreased from 9.20% to 8.38%.   Other expenses rose from 56.49% to 66.21%.   Selling and administration expenses rose from 43.02% to 54.69%.   Construction development cost rose from 43.02% to 54.69%.   

Other income rose 59.86% to Rs 205.81 crore.  PBIDT rose 19.75% to Rs 707.85 crore.  Provision for interest rose 3.72% to Rs 93.51 crore.   PBDT rose 22.64% to Rs 614.34 crore.  Provision for depreciation rose 2.08% to Rs 37.73 crore.  Profit before tax grew 24.28% to Rs 576.61 crore.  Share of profit/loss was 25.06% higher at Rs 337.81 crore.  Provision for tax was credit of Rs 466.8 cro...



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