Q2 2021 DLF Ltd Earnings Call Transcript

Oct 31, 2020

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Oct 31, 2020 / NTS GMT
Vivek Anand - DLF Limited - Group CFO

Thank you. Good evening, and welcome to DLF Limited Quarter 2 Financial Year '21 Earnings Call. Thank you for joining us for our earnings call. We hope all of you are keeping good health. Our business exhibited strong performance amidst these uncertain times. We remain committed and confident in delivering our business goals. Let me start with the key highlights of the quarter.

So I'll start with financial highlights for quarter 1 financial year '21 DLF Limited consolidated results. Consolidated revenue stood at INR 1,723 crores as compared to INR 646 crores in quarter 1 financial year '21, reflecting a 2.6x growth. EBITDA stood at INR 576 crores compared to INR 100 crores in the previous quarter.

Net profit at INR 236 crores compared to net loss of INR 72 crores in the previous quarter. Handover of Camellias and consequent revenue recognition commenced this quarter, leading to higher top line and margin improvement.

I'll now move on to the financial highlights for quarter 1 financial year '21 for DLF Cyber City Developers Limited consolidated.

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