DLF Q3 net profit up 24 pc at Rs 414 cr; income down 36 pc at Rs 1,533 cr
On the housing business, DLF said: "Luxury segment is witnessing subdued demand currently. This trend may continue for a few quarters and will recover along with the economy". The company is now working towards re-positioning its finished inventory and bringing differentiated products according to the current market dynamics, DLF said.
Realty major DLF Ltd on Wednesday reported a 24 per cent increase in consolidated net profit at Rs 414.01 crore for the quarter ended December despite fall in income, Photo: Reuters