DLF Limited is engaged in the real estate sector. The company has its market capitalization worth INR 62,501.62 crore as of 16th April 2021. The company was incorporated in 1946. The company has reported quarterly revenue of INR 1,239.05 crore at the end of December 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 532868 and on the National Stock Exchange (NSE) with the symbol DLF.
DLF is headquartered in Haryana. It is one of the largest real estate firms in the country, having more than 150 subsidiaries. It has a diverse range of retail properties, offices, hotels, commercial complexes, luxury and mid-income residential properties and leisure projects such as golf courses.
DLF Ltd. is a multidimensional company and handles every aspect of Real Estate development, right from identifying and acquiring land to planning, execution and construction and marketing of projects. In addition to generating electricity, the organisation provides construction supplies, leisure and leisure facilities, and life insurance. It also has its hold in Retail chain outlets. Development and leasing operations are part of the company's internal operations.DLF Qutab Enclave, which has since developed into DLF City, was the company's first major real estate development project. DLF City is a 3000-acre development in Gurgaon that features all of the amenities of a modern city. The construction of DLF Cyber City, Gurgaon, began in the year 2003. In 2007, the company formed JVs with Prudential Financial Inc, US, for life insurance. They also made their presence felt in the capital market. In 2008, DLF Emporio, India's first luxury mall, was started. The company started its insurance operations the same year. It entered into an agreement to market insurance in the area with DLF Pramerica Life Insurance Company Ltd. In 2008, the company won the IPL sponsorship deal by bidding for Rs2 Billion.
In 2009, Euromoney awarded the 'BEST GLOBAL DEVELOPER' to DLF. In 2012, an expressway project in Gurgaon was launched by DLF in partnership with the Haryana Urban Development Authority. In 2016, the First Destination mall of the country, DLF Mall of India, was established by DLF in Noida. The company's net profit increased from Rs.114 crore in September 2020 to Rs.282 crore in December 2020. The company's debt stands at Rs. 7048 crore as of March 2020.Read More