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New Delhi, June 4

Real estate major DLF Ltd has posted over 300 per cent rise in its consolidated net profit for the year ended March 2008 at Rs 7,812 crore against the previous year. The board of directors has recommended a final dividend of 100 per cent making the aggregate dividend of Rs 4 per share (200 per cent) of a par value of Rs 2 each for 2007-08, the company said in a notice to the BSE. According to its audited FY08 results announced today, the total income rose to Rs 14,683. 91 crore from Rs 4,053.3 crore in 2006-07. The company currently has 62 million sq ft under construction, including residential, commercial and other segments, worth Rs 48,000 crore.

— Our Bureau

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DLF board recommends 100% final

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