| The net profit in the June quarter is down for all major listed real estate companies, though most have claimed their respective performances show they’re doing well. The top managements have blamed the poor show on a challenging operational environment, citing high interest rates and elevated input cost.
The net profit of DLF Ltd dipped by 13 per cent, that of Unitech by 45 per cent, HDIL by 21.5 per cent, Parsvnath Developers by 19 per cent and DB Realty by 33.5 per cent..............................................Full Article: Source
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