Page 5 - Dlf Realty
Strong bookings and new launches to keep DLF on higher growth trajectory
REIT listing and valuations are triggers, but rising interest rates is a concern: Analysts.
 "Strong bookings and new launches to keep DLF on higher growth trajectory")
DLF Q4 net profit declines 16% to Rs 405 cr; total income falls 13%
Realty major DLF on Tuesday reported a 16 per cent decline in its consolidated net profit to Rs 405.33 crore for the quarter ended in March. Its net profit stood at Rs 480.94 crore in the year-ago period, the company said in a regulatory filing. Total income declined to Rs 1,652.13 crore during the fourth quarter of the last fiscal from Rs 1,906.59 crore in the corresponding period of the previous year. Net profit rose to Rs 1,500.86 crore during the last financial year from Rs 1,093.61 crore in the 2020-21 fiscal year. Total income rose to Rs 6,137.85 crore in 2021-22 from Rs 5,944.89 crore in the previous year.
 "DLF Q4 net profit declines 16% to Rs 405 cr; total income falls 13%")
After a decade, DLF gears up to re-enter Chennai's residential space
Realtor lines up plotted development in OMR, premium high-rise in Central Chennai and another project in Sriperumbudur
 "After a decade, DLF gears up to re-enter Chennai's residential space")
DLF net profit falls 16% to Rs 379 cr in Q3, revenue flat at Rs 1,550 cr
Company says it clocked record new sales in the quarter amounting to Rs 2,018 crore, reflecting a YoY growth of 97 per cent
 "DLF net profit falls 16% to Rs 379 cr in Q3, revenue flat at Rs 1,550 cr")
Delhi: DLF sells properties worth Rs 1,500 cr in new luxury housing project
Realty major DLF Ltd said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital, reflecting strong demand for luxury apartments.
 "Delhi: DLF sells properties worth Rs 1,500 cr in new luxury housing project")
Realty major DLF cuts net debt by 16% in Sep quarter to Rs 3,985 cr
DLF Ltd has reduced its net debt on improved cash flows
Positive signals for India's real estate sector as economy normalises
Demand expected to pick up; deleveraging, consolidation are key triggers
 "Positive signals for India's real estate sector as economy normalises")
DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago
At the end of June, its net debt shrank to Rs 4,745 crore from Rs 5,267 crore in March-end
DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate
The group, through its subsidiary DLF Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex One Horizon Center
 "DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate")
DLF rental arm acquires 'One Horizon Centre' in Gurugram for Rs 780 cr
Hines had nearly 52 per cent stake in the One Horizon Centre while the rest was with the DCCDL
 "DLF rental arm acquires 'One Horizon Centre' in Gurugram for Rs 780 cr")
Nifty Realty index surges 5%; Indiabulls Real Estate, DLF rally up to 13%
Indiabulls Real Estate said the affordability of real estate is at a multi-year high with declining interest rates
 "Nifty Realty index surges 5%; Indiabulls Real Estate, DLF rally up to 13%")
Improving core market, consolidation and REIT listing to fuel gains for DLF
The company has plans to launch multiple projects over the next few years
 "Improving core market, consolidation and REIT listing to fuel gains for DLF")
DLF rental arm's REIT issue size may be far bigger than previous issues
DLF arm's REIT could come out in 12-15 months, DLF director Ashok Tyagi said in a conference call last week
DLF shares gain 7% as demand picks up in September quarter
New sales bookings for the quarter rose to Rs 853 crore as compared to Rs 152 crore in the previous quarter, it said.
Realty major DLF's profit down 48% at Rs 232.14 cr in Sep quarter
Realty major DLF on Friday reported 48 per cent decline in its consolidated net profit at Rs 232.14 crore for the quarter ended September.
Adani Port, Hero Moto: 86 stocks from Nifty500 can see over 10% upside
Mahindra & Mahindra, Page Industries, TVS Motor Company, and Wockhardt are among the noticeable names that are exhibiting trend reversal.
 "Adani Port, Hero Moto: 86 stocks from Nifty500 can see over 10% upside")
Stanchart to rent offices in Chennai for one of its largest campuses
A unit of the London-based bank will lease 770,000 square feet for 15 years in the southern city, in a project being developed by DLF.
 "Stanchart to rent offices in Chennai for one of its largest campuses")
Paying six per cent interest on flat cost for delay a huge burden: Realtors
While developers say it will be a huge burden for them in addition to penalties under RERA, other experts suggest the apex court verdict would be beneficial for buyers
 "Paying six per cent interest on flat cost for delay a huge burden: Realtors")
Collections, cash flows of top-3 realtors hit in Q1 as buyers stay away
Construction grinds to a halt in April and May; realtors, analysts expect improvement in coming quarters
 "Collections, cash flows of top-3 realtors hit in Q1 as buyers stay away")
Covid-19 crisis: DLF takes lead, waives rent for beleaguered mall tenants
In a letter to its tenants, the realtor said it "plans to waive of the entire MG rent from the beginning of the lockdown period up till 15 June".