DLF shares fall after its first ever quarterly loss

MUMBAI (Reuters) - Shares in DLF Ltd fell nearly 3 percent on Friday after India's largest real estate developer posted its first-ever quarterly net loss, weighed down by slowing home sales in a sluggish economy.

DLF reported a net loss of 41.9 million rupees in the January-March quarter from a net profit of 2.12 billion rupees a year earlier.

At 9:26 a.m., DLF shares were down 1.5 percent at 202.6 rupees.

(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)