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Time of India
19-05-2025
- Business
- Time of India
DLF Q4 profit surges 39%; FY25 sales bookings jump 44% to record Rs 21,223 crore on luxury housing boom
Realty major DLF Ltd 's consolidated net profit rose 39 per cent year-on-year to Rs 1,282 crore for the January-March quarter of FY25, supported by higher revenue and robust demand for premium homes. For the full fiscal year 2024-25, the company reported record sales bookings of Rs 21,223 crore, up 44 per cent from Rs 14,778 crore in the previous year, led by strong pre-sales in its ultra-luxury project 'The Dahlias' in Gurugram. DLF's total income during the January-March quarter rose to Rs 3,347.77 crore from Rs 2,316.7 crore in the same period last year. For the full fiscal, net profit climbed to Rs 4,366.82 crore from Rs 2,723.53 crore, while total income increased to Rs 8,995.89 crore from Rs 6,958.34 crore in FY24, PTI reported. The board has recommended a dividend of Rs 6 per equity share (face value of Rs 2 each) for FY25, subject to shareholders' approval. "Our development business achieved yet another year of robust and consistent performance, with record new sales booking of Rs 21,223 crore during 2024-25. This marked a year-on-year growth of 44 per cent," the company said in a statement. DLF highlighted that its latest super-luxury project, 'The Dahlias', generated Rs 13,744 crore in new bookings during the year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More Undo "The humbling response to our latest offering underscores our brand's strength and our commitment to customer-centricity. This has resulted in the monetization of approximately 39 per cent of the estimated total sales potential of this project within the first year of its launch," the statement added. DLF also reported a net cash surplus of Rs 5,302 crore for the fiscal. Its overall net cash position improved to Rs 6,848 crore by the end of FY25. "We are optimistic about the sustained housing demand for our products and will continue to capitalize on this momentum by introducing calibrated offerings of new products from a strong and well-diversified pipeline," the company said. Shares of DLF closed 3 per cent higher on Monday at Rs 737.40 apiece on the BSE, with the company's market capitalisation crossing Rs 1.82 lakh crore. Since its inception, DLF has developed over 185 real estate projects covering more than 352 million square feet. The group currently has 280 million square feet of development potential across residential and commercial segments, including ongoing projects and a strong pipeline. Its annuity portfolio stands at over 45 million square feet. DLF operates in both the development business (residential) and annuity business (commercial and retail leasing). Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
18-05-2025
- Sport
- Time of India
Will Benson and Rece Hinds secure Reds' victory against Guardians with home runs
Will Benson and Rece Hinds secure Reds' victory against Guardians with home runs (Image Source: Getty) Rece Hinds , who recently joined the Cincinnati Reds , is making baseball history. On Saturday, he hit a big home run in the seventh inning to help his team beat the Cleveland Guardians 4-1. His home that made him the first player in modern MLB history to have 13 extra-base hits in his first 15 career hits. Rece Hinds makes history in modern MLB — reds (@reds) This means most of his hits have been doubles, triples, or home runs—not just regular singles. Only two of Rece Hinds' hits have been singles. Hinds is quickly becoming known for hitting the ball hard and making a big difference in games. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Top Trader Hemant's Strategy Finally Explained in this Free Session ! TradeWise Learn More Undo Reds' manager David Bell said: 'He's got a different kind of pop, When he connects, it's loud. And right now, he's doing it consistently.' Rece Hinds hit a big home run to help the Reds win 4-1, their third straight win. Will Benson also hit a homer, and the Reds got strong hits from TJ Friedl, Santiago Espinal, and Austin Hays. The bullpen did a great job, and pitcher Emilio Pagán earned his 11th save. Hinds, 23, is already making history. How did the Cincinnati Reds manage to win against the Cleveland Guardians? The Cincinnati Reds won 4-1 against the Cleveland Guardians on Saturday. Will Benson and Rece Hinds each hit a solo home run to help the Reds secure their third win in a row and win the series. Brent Suter started for the Reds and pitched three scoreless innings. Also Read: 'One Of The Greatest Players In Baseball History'- Reds' Owner Bob Castellini Congratulates MLB For Historic Decision On Pete Rose Cleveland's only run came from Daniel Schneemann, who hit a solo home run in the fifth inning. Slade Cecconi started for the Guardians and gave up three runs in five innings, but struck out eight batters. The Reds responded with Benson's homer, then took the lead in the sixth with big hits from TJ Friedl, Santiago Espinal, and Austin Hays to make it 3-1. Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.
Time of India
17-05-2025
- General
- Time of India
At 1.5 lakh, pedestrians made up 20% of road deaths in 5 years
Nearly 1.5 lakh pedestrians died in India from 2019-2023, highlighting their vulnerability despite having right-of-way. A Supreme Court panel audit revealed that footpath availability varies widely across states, often not meeting standards. The court emphasized pedestrians' rights under Article 21, advocating for accessible, encroachment-free footpaths as a crucial, low-cost safety measure. NEW DELHI: Despite having the first right on roads, pedestrians remain the most vulnerable user and data show that nearly 1.5 lakh of them died in road crashes in the country in from 2019-2023 out of the little over 7.9 lakh of all road fatalities during these years. While Supreme Court this week said that 'rights of pedestrians to use footpaths are guaranteed under Article 21 of Constitution', audits carried out in 24 states following a direction of an SC panel found that roads having footpaths across most states and UTs range between 19% and 73%, with Maharashtra having the maximum. Just 3% of J&K roads have pavements Details of the audit findings were released recently by the Transportation Research and Injury Prevention Centre of Injury and IIT-Delhi in its report 'India Status Report on Road Safety'. The availability of footpaths and whether these comply with the norms of width and height specified by the Indian Road Congress (IRC) were arrived at based on surveys across four cities in each state. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More Undo As per the findings, in Jammu & Kashmir, barely 3% of the roads surveyed had footpath, and in the case of Puducherry, it was only 5%. In Bihar and Haryana, 19%-20% of roads had footpath. In most cases, footpath were not as per IRC norms. The apex court, in its order this week, observed, 'It is necessary to have proper footpaths for citizens. They should be such that they should be accessible for persons with disabilities and removal of encroachments is mandatory. This court has recognised that the right of pedestrians to use footpaths is guaranteed under Article 21 of the Constitution.' Amar Srivastava, who heads India Road Safety Campaign, a youth-led road safety movement, said that building proper footpaths and keeping them free for pedestrians is the most low cost intervention to prevent road crashes. 'So, this should be the priority of every city administration and local govts,' he added. According to World Health Organisation, globally pedestrians make up 21% of road fatalities and in India, nearly one-fifth of people killed in road crashes in 2023 were walkers. WHO, last week, released a toolkit for promoting 'walking and cycling' for govt bodies as part of the ongoing UN Road Safety Week with the theme 'make walking and cycling safe', laying out why promoting walking and cycling should be the priority of govts for sustainable development and good health of people.
Yahoo
25-04-2025
- Health
- Yahoo
Bill aimed at holding health insurance companies accountable moves forward
OKLAHOMA CITY (KFOR) — A bill giving Oklahomans the right to sue medical insurance companies was given new life after first being stalled at the state capitol. House Bill 2144 passed through the House floor with unanimous support in March, and it seemed the legislation was moving in the right direction, but as News 4 reported Wednesday, the bill was not heard in the Senate Judiciary Committee, leaving the bill in limbo as the deadline to hear bills was Thursday. After our initial story aired, things changed; the bill was on the agenda for the Senate Rules Committee meeting. Debate continues over declaring 'Christ is King' in Oklahoma It was heard Thursday morning and passed with overwhelming support, 17 to 2. 'I can't afford to take no, or I won't be alive, so it means a lot that people who don't have the voice or don't know what to do will have the back of this bill now,' said Lacy Cornelius-Boyd, who was denied a transplant. Cornelius-Boyd has been in a fight for her life, not just against her injuries, but against her insurance company. After a devastating car crash, she lost nearly all of her intestines. 'The average person has 35 feet of intestines, and I have about 35 inches left,' said Cornelius-Boyd. Her insurance company has denied a transplant several times, and now her kidney and liver are failing. 'I have a five-year-old, so it's hard for her to know that mommy's sick and I just don't have a normal life anymore,' said Cornelius-Boyd Her story is one that pushed the bill now headed to the Senate floor. If it becomes law, it would create the Insurance Consumers Protection Act, giving those the right to sue medical insurance companies that deny or delay care in bad faith. Some questioned and argued it could flood the courts and benefit more than just the patient, but supporters fought back. 'This is not about anti-insurance, and it's sure not about pro lawsuit, what this is about is pro citizen,' said Sen. Darrell Weaver, R-Moore. Sen. Carri Hicks also weighed in. 'There are very few patients who have the level of medical expertise to bring a compelling case, we also have to be mindful if patients are awaiting medical treatments, they are more than likely not at a financial position where they could also pay for that legal remedy,' said Sen. Hicks. For Cornelius-Boyd, it's never been about the money, she says it is about staying alive. 'I could care less about any amount of money. I want to be alive for myself, my husband, my family, my daughter. They deserve it and I deserve a chance to live,' said Cornelius-Boyd. If you would like to hear more about Lacy Cornelius-Boyd's story, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
