DLF net profit increase - by kesh_wal
Real Estate major DLF announced a consolidated net profit of Rs 7,812.03 crore for the financial year ended March 31, a four-fold growth over the year-ago period.
The company had a net profit of Rs 1,933.65 crore in 2006-07 fiscal. The total income rose to Rs 14,683.91 crore from Rs 4,053.3 crore in 2006-07.
The board has declared a dividend of 200 per cent, at the rate of Rs 4 on shares of face value Rs 2 for 2007-08 fiscal.
For the year ended March 31, DLF reported a net profit of Rs 2,574.59 crore, a over six-fold rise over the year-ago period. The company had a net profit of Rs 406.91 crore in FY'07. The standalone total income rose to Rs 6,058.46 crore in FY'08, from Rs 1,429.49 crore in the previous fiscal.