DLF Posts Rs 130-cr Loss In March Quarter; Operating Revenue Plunges 32%

Business Standard

It had posted Rs 230 crore PBT during the corresponding quarter last year on a consolidated basis.

Topics

DLF | DLF Realty | Lockdown

Arnab Dutta  |  New Delhi 

The firm is working on a few new projects in both the commercial and residential segments

Lockdown on outdoor activities impacted the firm’s business as its operating revenue plunged 32 per cent year-on-year to Rs 1,694 crore – down from Rs 2,500 crore.

Real estate major

reported Rs 130-crore loss for the March quarter as a one-time exceptional charge of Rs 330 crore hit its bottom line.

It had posted Rs 230 crore PBT during the corresponding quarter last year on a consolidated basis.

on outdoor activities impacted the firm’s business as its operating revenue plunged 32 per cent year-on-year to Rs 1,694 crore – down from Rs 2,500 crore.

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First Published: Fri, June 05 2020. 03:12 IST

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