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DLF’s Q2 consolidated net declines 63%

15 Nov 2012 Evaluate

DLF has reported results for second quarter ended September 30, 2012.

The company has reported a net loss of Rs 19.54 crore for the quarter ended September 30, 2012 as compared to a net profit of Rs 302.57 crore for the same quarter in the previous year. The company’s total income from operation has registered a fall of 51.08% at Rs 607.38 crore for quarter under review as compared to Rs 1241.69 crore for the quarter ended September 30, 2011.

On consolidated basis, the company’s net profit for the quarter under review registered 62.81% fall at Rs 138.51 crore against Rs 372.41 crore in the September quarter of previous fiscal. Group’s total income too has decreased by 16.31% at Rs 2156.85 crore for the quarter from Rs 2577.16 crore in the similar quarter of previous year.

Peers
Company Name CMP
Lodha Developers 1083.00
Prestige EstatesProj 1427.75
Dilip Buildcon 409.00
DLF 624.55
Oberoi Realty 1707.05
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