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Consolidated net sales (including other operating income) of DLF for the quarter ended Sep 2024 has increased 46.55% to Rs 1975.02 crore. Operating profit margin has declined from 34.31% to 25.42%, leading to 8.58% rise in operating profit to Rs 502.04 crore. Employee cost decreased from 9.20% to 8.38%. Other expenses rose from 56.49% to 66.21%. Selling and administration expenses rose from 43.02% to 54.69%. Construction development cost rose from 43.02% to 54.69%. Other income rose 59.86% to Rs 205.81 crore. PBIDT rose 19.75% to Rs 707.85 crore. Provision for interest rose 3.72% to Rs 93.51 crore. PBDT rose 22.64% to Rs 614.34 crore. Provision for depreciation rose 2.08% to Rs 37.73 crore. Profit before tax grew 24.28% to Rs 576.61 crore. Share of profit/loss was 25.06% higher at Rs 337.81 crore. Provision for tax was credit of Rs 466.8 crore, compared to debit of Rs 112.2 crore. Effective tax rate was negative 51.05% compared to 15.28%. Net profit attributable to owners of the company increased 121.76% to Rs 1,381.08 crore. For year-to-date (YTD) results analysis.
Net sales (including other operating income) of DLF has increased 20.44% to Rs 3337.37 crore.
Operating profit margin has declined from 30.98% to 21.89%, leading to 14.89% decline in operating profit to Rs 730.66 crore. Employee cost decreased from 10.71% to 9.87%. Other expenses rose from 58.31% to 68.23%. Selling and administration expenses rose from 45.76% to 52.19%. Construction development cost rose from 45.76% to 52.19%. Other income rose 152.30% to Rs 573.28 crore. PBIDT rose 20.10% to Rs 1303.94 crore. Provision for interest rose 11.25% to Rs 194.7 crore. Loan funds rose to Rs 4,289.76 crore as of 30 September 2024 from Rs 3,316.63 crore as of 30 September 2023. Inventories rose to Rs 21,619.96 crore as of 30 September 2024 from Rs 19,569.58 crore as of 30 September 2023. Sundry debtors were higher at Rs 577.56 crore as of 30 September 2024 compared to Rs 541.39 crore as of 30 September 2023. Cash and bank balance declined from Rs 3,360.11 crore as of 30 September 2023 to Rs 1,791.31 crore as of 30 September 2024. Investments rose to Rs 20,899.98 crore as of 30 September 2024 from Rs 19,824.10 crore as of 30 September 2023 . PBDT rose 21.80% to Rs 1109.24 crore. Provision for depreciation rose 2.30% to Rs 75.01 crore. Fixed assets declined from Rs 3,757.47 crore as of 30 September 2023 to Rs 2,825.69 crore as of 30 September 2024. Intangible assets increased from Rs 1,083.20 crore to Rs 1,083.22 crore. Profit before tax grew 23.50% to Rs 1,034.23 crore. Share of profit/loss was 22.70% higher at Rs 643.2 crore. Provision for tax was credit of Rs 348.46 crore, compared to debit of Rs 213.62 crore. Effective tax rate was negative 20.77% compared to 15.69%.Minority interest increased 55.06% to Rs -0.80 crore. Net profit attributable to owners of the company increased 76.27% to Rs 2,026.69 crore. Equity capital stood at Rs 495.06 crore as of 30 September 2024 to Rs 495.06 crore as of 30 September 2023. Per share face Value remained same at Rs 2.00. Promoters’ stake was 74.08% as of 30 September 2024 ,compared to 74.08% as of 30 September 2023 . Cash flow from operating activities increased to Rs 2,563.41 crore for YTD ended September 2024 from Rs 2,151.91 crore for YTD ended September 2023. Cash flow used in acquiring fixed assets during the YTD ended September 2024 stood at Rs 24.93 crore, compared to Rs 93.75 crore during the YTD ended September 2023.
| DLF : Consolidated Results | | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202409 | 202309 | Var.(%) | 202409 | 202309 | Var.(%) | 202403 | 202303 | Var.(%) |
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| Net Sales (including other operating income) | 1,975.02 | 1,347.68 | 46.55 | 3,337.37 | 2,770.91 | 20.44 | 6,427.00 | 5,694.83 | 12.86 | | OPM (%) | 25.42 | 34.31 | -889 bps | 21.89 | 30.98 | -909 bps | 33.04 | 30.31 | 274 bps | | OP | 502.04 | 462.35 | 8.58 | 730.66 | 858.52 | -14.89 | 2,123.60 | 1,725.88 | 23.04 | | Other Inc. | 205.81 | 128.74 | 59.86 | 573.28 | 227.22 | 152.30 | 531.34 | 317.31 | 67.45 | | PBIDT | 707.85 | 591.09 | 19.75 | 1,303.94 | 1,085.74 | 20.10 | 2,654.94 | 2,043.19 | 29.94 | | Interest | 93.51 | 90.16 | 3.72 | 194.70 | 175.01 | 11.25 | 356.45 | 392.14 | -9.10 | | PBDT | 614.34 | 500.93 | 22.64 | 1,109.24 | 910.73 | 21.80 | 2,298.49 | 1,651.05 | 39.21 | | Depreciation | 37.73 | 36.96 | 2.08 | 75.01 | 73.32 | 2.30 | 147.95 | 148.63 | -0.46 | | PBT | 576.61 | 463.97 | 24.28 | 1034.23 | 837.41 | 23.50 | 2150.54 | 1502.42 | 43.14 | | Share of Profit/(Loss) from Associates | 337.81 | 270.12 | 25.06 | 643.2 | 524.21 | 22.70 | 1093.13 | 933.03 | 17.16 | | PBT before EO | 914.42 | 734.09 | 24.57 | 1677.43 | 1361.62 | 23.19 | 3243.67 | 2435.45 | 33.19 | | EO Income | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 914.42 | 734.09 | 24.57 | 1677.43 | 1361.62 | 23.19 | 3243.67 | 2435.45 | 33.19 | | Taxation | -466.8 | 112.2 | LP | -348.46 | 213.62 | LP | 520.14 | 401.5 | 29.55 | | PAT | 1381.22 | 621.89 | 122.10 | 2025.89 | 1148 | 76.47 | 2723.53 | 2033.95 | 33.90 | | Minority Interest (MI) | 0.14 | -0.89 | PL | -0.8 | -1.78 | 55.06 | -3.56 | -1.88 | -89.36 | | Net profit | 1381.08 | 622.78 | 121.76 | 2026.69 | 1149.78 | 76.27 | 2727.09 | 2035.83 | 33.95 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 1381.08 | 622.78 | 121.76 | 2026.69 | 1149.78 | 76.27 | 2727.09 | 2035.83 | 33.95 | | EPS (Rs)* | 3.69 | 2.52 | 46.82 | 6.78 | 4.65 | 45.94 | 11.02 | 8.22 | 33.95 | | | * EPS is on current equity of Rs 495.06 crore, Face value of Rs 2, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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