DLF focuses on housing sales, healthy margins, rental income as growth engines: MD Ashok Tyagi
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓DLF Ltd is focusing on luxury home sales, profit margins, and rental income to drive growth, MD Ashok Tyagi said on Saturday.
- ✓The firm sold properties worth Rs 4,457 crore in the first half.
- ✓Tyagi said, "Fundamentally, the three key drivers of our business are strong pre-sales of the identified products."
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
DLF Ltd focuses on generating strong pre-sales of luxury homes and increasing rental income from commercial properties. The company expects significant revenue growth as housing projects launched post-COVID complete over the coming years. DLF's recent performance reflects brand strength and disciplined execution, despite a decline in sales bookings. The company has achieved a positive net cash position, even after significant dividend outflows.
New Delhi: Realty major DLF Ltd is focusing on strong pre-sales of luxury homes, generating better profit margins and growing rental income from commercial properties, the company's MD Ashok Tyagi said on Saturday.
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The Economic Times
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