DLF Ltd (GREY:DSFQY)

$ 0 0 (0%) Market Cap: - Enterprise Value: 6.46 Bil PE Ratio: 52.40 PB Ratio: 4.69 GF Score: 83/100

Q1 2021 DLF Ltd Earnings Call Transcript

Aug 06, 2020 / NTS GMT

Transcript

Vivek Anand

DLF Limited - Group CFO

A very good evening to all of you, and welcome to DLF Limited Quarter 1 Financial Year '21 Earnings Call. Thank you for joining us for the earnings call. We hope all of you are keeping good health.

Our business continues to exhibit resilience amidst these uncertain times. We remain confident to achieving our goals. Let me start with the key highlights of the quarter.

Financial highlights for quarter 1. This is for DLF Limited consolidated results. As per the accounting standard and our revenue recognition policy, revenue is recognized at the time of handing over possession to the customers. Issuance of the possession letters got adversely affected during the lockdown. Consequently, the financial performance was impacted during the quarter, quarter 1 financial year '21.

In summary, the financial results were, starting with consolidated revenue, it stood at INR 646 crores. EBITDA stood at INR 99 crores. Net loss stood at INR 72 crores. This was also impacted due to lower share of profit from DCCDL.

I'll move on to the financial

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