DLF posts Rs.239.49 crore loss in Q3

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New Delhi, Feb 2 (IANS) Leading real estate company DLF Ltd on Tuesday said it posted a standalone net loss of Rs.239.49 crore for the quarter ending December 2015 against a profit of Rs.157.35 crore posted in the same period of 2014-15.

According to the unaudited standalone financial results posted on the Bombay Stock Exchange (BSE), DLF earned a total income of Rs.75.58 crore in Q3 2015-16 against Rs.864 crore in the same period the previous fiscal, while total expenses declined to Rs.405.40 crore from Rs.448.77 crore.

However, on a consolidated basis, DLF posted a net profit of Rs.163.95 crore, a rise of 24.40 percent compared to Rs.131.79 crore in Q3 2014-15.

Total income rose to Rs.2,827.66 crore against Rs.1,956.72 crore while total expenses increased to Rs.1,947.24 crore against Rs.1,302.28 crore.

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