Leading real estate company DLF Ltd on Tuesday said it posted a standalone net loss of Rs. 239. 49 crore for the quarter ending December 2015 against a profit of Rs. 157. 35 crore posted in the same period of 2014 - 15.
According to the unaudited standalone financial results posted on the Bombay Stock Exchange (BSE), DLF earned a total income of Rs. 75. 58 crore in Q3 2015 - 16 against Rs. 864 crore in the same period the previous fiscal, while total expenses declined to Rs. 405. 40 crore from Rs. 448. 77 crore.
However, on a consolidated basis, DLF posted a net profit of Rs. 163. 95 crore, a rise of 24. 40 percent compared to Rs. 131. 79 crore in Q3 2014 - 15.
Total income rose to Rs. 2, 827. 66 crore against Rs. 1, 956. 72 crore while total expenses increased to Rs. 1, 947. 24 crore against Rs. 1, 302. 28 crore.