Realty major DLF on Thursday reported a consolidated net loss of ₹1,857.76 crore in the fourth quarter of last fiscal year, mainly due to reversal of deferred tax assets (DTA) as it adopted a lower tax rate. NEW DELHI : Realty major DLF on Thursday reported a consolidated net loss of ₹1,857.76 crore in the fourth quarter of last fiscal year, mainly due to reversal of deferred tax assets (DTA) as it adopted a lower tax rate.
It had posted a net profit of ₹436.56 crore in the year-ago period, the company said in a regulatory filing. Total income fell to ₹1873.8 crore in the January-March quarter of the 2019-20 fiscal from ₹2,660.95 crore in the corresponding period of the previous year.