DLF surges on reporting 24% rise in Q3 consolidated net profit

DLF is currently trading at Rs 96.35, up by 3.00 points or 3.21% from its previous closing of Rs 93.35 on the BSE.

The scrip opened at Rs. 93.35 and has touched a high and low of Rs. 96.80 and Rs. 92.40 respectively. So far 1027313 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.00 on 04-Feb-2015 and a 52 week low of Rs. 90.00 on 20-Jan-2016.

Last one week high and low of the scrip stood at Rs. 97.95 and Rs. 92.70 respectively. The current market cap of the company is Rs. 16958.50 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 18.70% and 6.31% respectively.

DLF has reported a net loss of Rs 239.49 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 157.35 crore for the same quarter in the previous year. The company’s total income has decreased by 65.91% to Rs 347.13 crore for the quarter under review from Rs 1018.34 crore for the corresponding quarter of the previous year. 

On the consolidated basis, the company has reported 24.40% rise in its net profit after minority interest at Rs 163.95 crore for the quarter ended December 31, 2015 as compared to Rs 131.79 crore for the same quarter in the previous year. Total income of the company has increased by 43.32% at Rs 2980.73 crore for quarter under review as compared to Rs 2079.82 crore for the quarter ended December 31, 2014.