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BUSINESS STANDARD DLF: operating revenue falls 20% to Rs 1,716 crore in September quarter

During the quarter, it used Rs 1,036 crore (of the Rs 2,250 crore it had got against the exercise of warrants in June) towards reimbursement of bank loans Moody's announcement.


COMPANIES NEWS: Land major DLF announced a 19.8 percent year-on-year drop in merged working income for the July-September quarter, to Rs 1,716 crore. Costs towards the cost of land, plots, built properties and formative rights dropped 28 percent, to Rs 885 crore. During the quarter, it used Rs 1,036 crore (of the Rs 2,250 crore it had got against the exercise of warrants in June) towards reimbursement of bank advances. What's more, another Rs 149.5 crore for working capital necessity, including advances to backups. It had contributed another Rs 288.4 crore, DLF educated the business sectors controller. The cost of the account descended by 16 percent. Combined benefit before charge stayed level at Rs 517.6 crore. On an independent premise, benefit before charge hopped 464 percent to Rs 1,967 crore, as it got Rs 1,939.4 crore as profit from DLF Cyber City Developers, a JV bunch organization. Independent complete income additionally developed over a year ago, with the profit got. Subsequent to taking the last-mentioned into account, it revealed an absolute salary of Rs 2,556 crore for the quarter, 166 percent higher than in a similar period a year ago. READ MORE: DLF

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DLF-operating revenue falls 20% to Rs 1,716 crore in September quarter  

During the quarter, it used Rs 1,036 crore (of the Rs 2,250 crore it had got against the exercise of warrants in June) towards reimbursement...

DLF-operating revenue falls 20% to Rs 1,716 crore in September quarter  

During the quarter, it used Rs 1,036 crore (of the Rs 2,250 crore it had got against the exercise of warrants in June) towards reimbursement...