Realty major DLF on Friday declared its financial results for second quarter of FY2024-25.
The consolidated revenue of the company stood at Rs 2,181 crore. Its gross margins stood at 45 per cent.
The firm reported net profit of Rs 1,387 crore, including reversal of deferred tax liabilities of Rs 606 crore, pursuant to change in tax rate on long term capital gain on enactment of the Finance Act, 2024.
The outlook for the residential business continues to be strong and our development business continues to exhibit steady performance.
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NEW KID ON THE MAT
