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Hot Pursuit News

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(14 May 2024, 10:31)

DLF PAT climbs 62% YoY to Rs 919 cr in Q4 FY24

The realty major’s consolidated net profit increased 61.53% to Rs 920.71 crore in Q4 FY24 as compared with Rs 570.01 crore recorded in Q4 FY23.


Revenue from operations grew 46.62% year on year (YoY) to Rs 2,134.81 crore in the quarter ended 31 March 2024.

Profit before tax in fourth quarter of FY24 stood at Rs 801.59 crore, registering a growth of 101.71% from Rs 397.39 posted in Q4 FY23.

During Q4 FY24, EBITDA grew 81% to Rs 936 crore during the period under review. EBITDA margin improved to 40% in Q4 FY24 as compared to 33% recorded in the corresponding quarter previous year.

The company generated healthy surplus cash of Rs 1,105 crore from operations in fourth quarter of FY 2023-24.

On full year basis, the company's consolidated net profit rose 33.95% to Rs 2,727.09 crore on 12.86% rise in revenue from operations to Rs 6,427 crore in FY24 over FY23.

DLF said: “Our development business continues to witnes...

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