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DLF slips on reporting marginal fall in Q2 net profit

12 Dec 2016 Evaluate

DLF is currently trading at Rs. 114.10, down by 0.80 points or 0.70% from its previous closing of Rs. 114.90 on the BSE.

The scrip opened at Rs. 115.60 and has touched a high and low of Rs. 116.80 and Rs. 112.30 respectively. So far 6,52,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 169.60 on 19-Aug-2016 and a 52 week low of Rs. 72.50 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 117.40 and Rs. 109.40 respectively. The current market cap of the company is Rs. 20,355.15 crore.

The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 18.24% and 6.81% respectively.

The company has reported 59.14% fall in its net profit at Rs 124.39 crore for second quarter ended September 30, 2016 as compared to Rs 304.45 crore for the same quarter in the previous year. Total income of the company decreased by 24.49% at Rs 945.20 crore for the quarter under review as compared Rs 1251.76 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported marginal fall of 0.04% in its net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates at Rs 206.09 crore for the quarter ended September 30, 2016 as compared to Rs 206.18 crore for the same quarter in the previous year. Total Income of the company has decreased by 0.40% to Rs 2225.66 crore for quarter under review from Rs 2234.62 crore for the quarter ended September 30, 2015.


Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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