India's largest realty firm DLF reported 38 per cent fall in the consolidated net profit at Rs 181.19 crore for the quarter ended June 30 on higher expenses.
The company had posted a net profit of Rs 292.79 crore in the year-ago period.
However, income from operation increased by 5 per cent to Rs 2,314.08 crore in the first quarter of this fiscal compared with Rs 2,197.71 crore in the corresponding period of last fiscal, DLF said in a filing to the BSE.
DLF has 325 million sq ft of planned projects with 56 million sq ft of projects under construction.
The company had posted a net profit of Rs 712 crore over a revenue of Rs 9,096 crore during last fiscal.
Its annuity income grew to Rs 1,850 crore and the company raised Rs 3,160 crore in 2012-13 fiscal through divestments of non-core assets.
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