net profit
The quarter which ended on 31 March, 2014 brought good news to the investors and leadership of the country’s largest realty firm DLF. On Thursday they declared their quarter results which show a consolidated net profit of Rs. 219.68 crore. A year ago in the same quarter they had reported a net loss of Rs [...] Continue Reading »
A net profit of Rs. 370 crore for the quarter ended March 31, up 17.03% y-o-y, was posted by LIC housing on Monday. Compared to Rs.1,023.21 crore last year, net profit for FY14 stood at R1,317.19 crore, an increase of 29%. Net interest margins (NIM) for the entire year were at 2.25%, an increase of [...] Continue Reading »
A fall of 41 per cent of Net Profit in the quarter ended December 2013,has been registered of top 25 real estate companies, in comparison to peak period of quarter ended March 2012.As per the report by global realty consultancy Knight Frank the net profit margin have fallen from 13.6 per cent to 9.7 per [...] Continue Reading »
As for the quarter ended June 30, 2012, Mahindra Lifespace Developers Ltd (MLDL) has posted a 72 per cent rise in net profit. The strong position of the company is reflected in its operating expansion as it has launched the second phase of its project at Nagpur. Also, during the quarter, it has acquired two [...] Continue Reading »
The Builders’ Association of India (BAI) has requested the Competition Commission of India (CCI) to revise its rules to allow for criminal prosecution against cement company officials for their alleged role in cartelisation. BAI trustee D L Desai said that the association members have urged the CCI to amend its rules to allow criminal prosecution [...] Continue Reading »
The real estate sector has been lying low due to lesser cash inflow in both the commercial and residential segments, hoping that there will be a change in liquidity levels soon. The macro-economic factors such as high interest rates, high land costs, etc. which have a direct effect on the sector, seem not to improve [...] Continue Reading »
Real estate market saw many ups and downs in 2011. The firms either big or small who are listed at the Bombay Stock Exchange (BSE) degraded all in the previous year. The realty stocks’ price on an average went down by almost 51% with some firms going down as much as 80% in 2011. The [...] Continue Reading »
