Country`s largest real estate company* DLF
(Q<http://myiris.com/shares/company/quoteShow.php?icode=DLFUNIVE>,
N <http://myiris.com/shares/news/corporateNews.php?cSelect=5&icode=DLFUNIVE>
,C <http://myiris.com/shares/company/chartShow.php?cSelect=2&icode=DLFUNIVE>
,F)<http://myiris.com/shares/company/financial.php?cSelect=3&icode=DLFUNIVE>*
*announced a decline in consolidated net profit for the quarter ended
December 2008.

During the quarter, the profit of the company declined 68.73% to Rs
6,707.90 million from Rs 21,449.80 million in the same quarter last year.

Consolidated total Income has decreased 58.84% from Rs 36,512.50 million for
the quarter ended Dec. 31, 2007 to Rs 15,027.90 million for the quarter
ended Dec. 31, 2008.

*Standalone results*

The company reported a substantial drop in standalone net profit for the
quarter ended December 2008.

During the quarter, the profit of the company declined 70.61% to Rs 1,780.60
million from Rs 6,058.40 million in the same quarter last year.

Net sales declined 74.68% to Rs 4,244 million, while total income for the
quarter fell 62.30% to Rs 6,833.90 million, when compared with the prior
year period.

The company reported earnings of Rs 1.04 a share during the quarter,
registering 70.70% decline over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 4,244.10 16,765.10 (74.68) *Net Profit* 1,780.60
6,058.40 (70.61) *Basic EPS* 1.04 3.55 (70.70)

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