DLF consolidated net falls 79% to Rs 396 cr

DLF has announced its unaudited results for the quarter ended June 30, 2009.

The company has posted a net profit of Rs 100.40 crore for the quarter ended June 30, 2009 against Rs 700.99 crore for the quarter ended June 30, 2008, down 85.68%. Total income has decreased from Rs 1,493.86 crore to Rs 565.83 crore, registering a dip of 62.12% on Year-on-Year (YoY) basis.

On a consolidated basis, the Group has posted a net profit of Rs 396 crore for the quarter under consideration against Rs 1,863.97 crore for the corresponding quarter of last fiscal, down 78.76%. Total income has decreased from Rs 3,846.34 crore to Rs 1,745.94 crore, registering a negative growth of 54.61% on YoY basis.

The company also announced its audited figures for the year ended March 31, 2009.

For entire fiscal 2008-09, the realty giant has posted a net profit of Rs 1,547.77 crore against Rs 2,574.59 crore for the fiscal 2007-08, down 39.88%. Total income has decreased from Rs 6,058.46 crore to Rs 3,839.29 crore, showing 36.63% fall on YoY basis.