India’s DLF Q4 profit surges on sturdy luxury housing demand businesstimes.com.sg
INDIA’S top real estate firm DLF reported a nearly 62 per cent rise in fourth-quarter profit on Monday (May 13), aided by strong demand for its premium housing projects and sustained growth momentum from projects launched in previous quarters. The company’s consolidated net profit rose to 9.21 billion rupees (S$149.1 million) in the three months ended March 31, from 5.70 billion rupees a year earlier.