SME Times News Bureau | 21 May, 2018
Real estate major DLF on Monday reported a consolidated net profit of Rs 244 crore for the fourth quarter (Q4) of 2017-18.
"Revenues
for Q4 FY18 stood at Rs 1,846 crore. EBIDTA stood at Rs 454 crore.
Consolidated PAT was at Rs 244 crore," the company said in a regulatory
filing to the BSE.
"The financial results have been prepared
under the relevant 'IND AS' accounting standards, hence DLF Cyber City
Developers Limited is being accounted as a joint venture. The
consolidated results thus are not comparable to prior periods,".
