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DLF’s Q1 net loss at Rs102 crore

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New Delhi: Realty major DLF on Thursday reported a standalone net loss of Rs.101.88 crore for the first quarter (Q1) of the current fiscal.

The real estate major had posted a net profit of Rs.72.64 crore for the quarter ended June 30, 2014.

According to the company, its total income in the Q1 decreased by 29.73 percent to Rs.535.71 crore from Rs.762.38 crore for the quarter ended June 30, 2014.

On the consolidated-basis, the group`s net profit for the quarter ended June 30, 2015 declined by 4.86 percent to Rs.121.55 crore from Rs.127.77 crore for the corresponding quarter of 2014-15.

However, the total consolidated income during the Q1 increased by 26.68 percent at Rs.2,345.62 crore from Rs.1,851.60 crore for the quarter ended June 30, 2014.

The company`s scrip at the Bombay Stock Exchange (BSE) ended the day`s trade down 2.69 percent at Rs.114.05 from its close of Rs.117.20 per equity share.

IANS