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DLF Ltd with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to planning, execution, construction and marketing of projects. It is also engaged in business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of real estate business.
DLF, through its subsidiary, has acquired a ~26.97% stake in Balang Renewables Private Limited for ₹4.20 crore. This strategic move aims to secure green power for DLF's operations under a Captive Power Purchase Agreement. By investing in renewable energy, DLF addresses its rising electricity demand with environment-friendly solutions and qualifies...
DLF reported Q1 collections of INR 2,406 Cr and operating cash flow over INR 1,300 Cr, with net cash at INR 15,200 Cr. Sales bookings were INR 657 Cr due to a deferred senior living launch (Aureva). Revenue stood at INR 1,605 Cr, EBITDA at INR 476 Cr, and net...