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DLF posts Rs 130-cr loss in March quarter; operating revenue plunges 32%

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

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

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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.

Arnab Dutta New Delhi

1 min read Last Updated : Jun 05 2020 | 3:16 AM IST

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

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

Topics : Lockdown DLF DLF Realty Q4 Results Q4 earnings pre-tax profit