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DLF reports Q1, net profit up over 2 fold to Rs 261.42 crore

DLF has posted more than two-fold increase in its consolidated net profit to Rs 261.42 crore for the quarter ended June 30.

During the last financial year, its net profit had stood at Rs 125.87 crore in the April-June quarter.

The income from operations declined by 22 percent to Rs 1,867.46 crore during the first quarter of the current fiscal as compared to Rs 2,388.72 crore in the previous year.

However, DLF’s total income has decreased to Rs 2,025.58 crore for the quarter ended June, 2016-17 from Rs 2,520.02 crore in the last year.

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