DLF Q1 REVENUE HALVES TO 1,423 CRORE ON WEAKER BOOKINGS; PROFIT UP 12%

Real estate developer DLF Ltd. saw its first-quarter revenue fall by 52% year-over-year to ₹1,423 crore, primarily due to lower sales bookings. Despite the sharp revenue decline, the company's net profit rose 12% to ₹527 crore. The divergence between revenue and profit suggests improved margins or other income contributions during the period.