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LATEST NEWS
Construction
DLF Q1 net at Rs 579 crore
Posted online: Thursday, July 19, 2007 at 1159 hours IST
Updated: Thursday, July 19, 2007 at 1252 hours IST
 
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MUMBAI, JULY 19:  Real estate developer DLF on Thursday posted a net profit of Rs 579.27 crore and total revenue of Rs 1207.11 crore for first quarter ended June 30.

The board of directors of the company at its meeting on Thursday declared dividend of Rs 2 on shares of Rs 2 each (100 per cent) on the entire equity share capital including the shares issued in the IPO of the company for the financial year 2006-07.

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The group recorded a net profit of Rs 1515.48 crore and the total revenue of Rs 3120.98 crore for the quarter ended June 30.

The company recorded an operating profit of Rs 956.19 crore and gross profit of Rs 877.87 crore, DLF informed the Bombay Stock Exchange.

The earnings per share of the company was Rs 3.77.

In fiscal 2007, the company's consolidated total income was Rs 4034.1 crore and net profit was Rs 1941.3 crore.

Shares of the company were trading at Rs 646.50, up 0.17 per cent on BSE in afternoon trade.

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