News
DLF announces Financial Results for Q3FY23
New Delhi, January 25, 2023: DLF Limited, announced its Q3FY23 results on Wednesday.
Financial Highlights for Q3FY23 – DLF Limited (Consolidated)
- Consolidated Revenue stood at Rs. 1,560 crore
- Gross margins at 59%
- EBITDA stood at Rs 542 crore
- Net Profit at Rs 515 crore, reflecting Y-o-Y growth of 35%
A release issued by the company says that, residential business delivered a strong performance and clocked one of the highest quarterly new sales bookings of Rs 2,507 crore, reflecting a Y-o-Y growth of 24%. Cumulative new sales for 9MFY23 stood at Rs 6,599 crore, reflecting a Y-o-Y growth of 45%.
Financial Highlights for Q3FY23 – DLF Cyber City Developers Limited (Consolidated)
The office portfolio continues its gradual path to recovery. Strong momentum across the retail business continues.
- Rental income grew to Rs 1,003 crore, Y-o-Y growth of 15%;
- Consolidated Revenue of Rs 1,363 crore as compared to Rs 1,176 crore last year, reflecting a 16% Y-o-Y growth
- EBITDA stood at Rs 1,061 crore, Y-o-Y growth of 16%
- Net Profit at Rs 358 crore, reflecting a Y-o-Y growth of 27%
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