31 Jan 2009, PTI
MUMBAI: The country's largest real estate developer, DLF Ltd, on Saturday said its third quarter net profit dipped to Rs 670.79 crore, less than one-third of the same in the year-ago period.
It had a net profit of Rs 2,138.87 crore in the quarter ended December 31, 2007, DLF said in a filing to the National Stock Exchange.
The company's consolidated net sales also plunged by more than half to Rs 1,366.67 crore in the quarter ended December 31, 2008, from Rs 3,598.42 crore in the year-ago period.
On a stand-alone basis, the net profit fell to Rs 178.06 crore in the latest quarter, from Rs 605.84 crore in the year-ago quarter.
The stand-alone net sales fell to Rs 424.41 crore in the quarter ended December 31, 2008, from Rs 1,676.51 crore in the three-month period ended December 31, 2007.
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