San Francisco City Attorney David Chiu announced Thursday that legal action is being taken against an "immigration consulting business" for allegedly charging immigrants for fraudulent legal services it was not
Contact Us - Open The Magazine openthemagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from openthemagazine.com Daily Mail and Mail on Sunday newspapers.
On a consolidated basis, the realty major posted a net profit of Rs 480.94 crore in Q4 FY21 as against net loss of Rs 1,857.76 crore in Q4 FY20.The realty major registered a 1.1% rise in net sales to Rs 1,712.57 crore in Q4 FY21 from Rs 1,694.20 crore in Q4 FY20. Pre-tax profit stood at Rs 418.15 crore in Q4 FY21 as against a pre-tax loss of Rs 129.72 crore in Q4 FY20. EBITDA stood at Rs 648 crore, reflecting Y-o-Y growth of 31% in Q4 FY21.
DLF said demand in the residential business exhibited a strong comeback in the fiscal. New Sales bookings for the fiscal stood at Rs 3,084 crore, reflecting a Y-o-Y growth of 24%. The realty company s new product launches of Independent floors in DLF City and New Gurgaon witnessed healthy absorption vindicating demand for quality products in established locations. DLF clocked new products sales booking of Rs 908 crore during the second half of the fiscal. Optimized cost structures and efficient working capital management coupled with a steady ram
The realty major reported 9% rise in consolidated net profit to Rs 452 crore on 15% jump in net sales to Rs 1543 crore in Q3 FY21 over Q3 FY20.Consolidated profit before tax came rose 5% to Rs 386.76 crore in Q3 FY21 from Rs 368.61 crore in Q3 FY20. Current tax expense fell 26.2% year on year to Rs 104.24 crore in Q3 FY21.
EBITDA jumped 49% to Rs 624 crore in Q3 FY21 from Rs 419 crore in the same period last year. DLF said demand in the residential business is improving, aided by a low-interest cost regime, various government incentive initiatives and quality supply with affordability.
During the quarter, DLF launched Independent Floors in DLF City, which was absorbed in record time, demonstrating demand for quality products in established locations. New Sales bookings for the quarter rose to Rs 1,022 crore, reflecting a 40% growth year on year. The company assured it continues to step up on new launches and remain focused on creating a healthy pipeline of new products offering div