Business Standard

DLF dips on disappointing Q2 earnings

Q2 net prodit down 63% at Rs 139 crore from Rs 372 crore in previous year quarter

Related News

DLF is trading lower by 2.4% at Rs 201 on the Bombay Stock Exchange after reporting 63% year-on-year (yoy) decline in its consolidated net profit at Rs 139 crore for the quarter ended September due to decline in sales.

Total income from operations of the country’s largest company has dropped 19% during the quarter to Rs 2,039 crore, compared to Rs 2,532 crore last year in the same period, said in a statement.

The stock opened at Rs 204 and has seen a combined 59,000 shares changing hands on the counter in opening deals on both the exchanges.

Read more on:   
|
|

DLF dips on disappointing Q2 earnings

Q2 net prodit down 63% at Rs 139 crore from Rs 372 crore in previous year quarter

DLF is trading lower by 2.4% at Rs 201 on the Bombay Stock Exchange after reporting 63% year-on-year (yoy) decline in its consolidated net profit at Rs 139 crore for the quarter ended September due to decline in sales.

DLF is trading lower by 2.4% at Rs 201 on the Bombay Stock Exchange after reporting 63% year-on-year (yoy) decline in its consolidated net profit at Rs 139 crore for the quarter ended September due to decline in sales.

Total income from operations of the country’s largest realty company has dropped 19% during the quarter to Rs 2,039 crore, compared to Rs 2,532 crore last year in the same period, DLF said in a statement.

The stock opened at Rs 204 and has seen a combined 59,000 shares changing hands on the counter in opening deals on both the exchanges.

image

Read More

BSE launches carbon index

Premier bourse BSE, in collaboration with the UK government, today launched BSE Carbonex, the first-of-its-kind index in India or any emerging market ...

Recommended for you

Quick Links

Market News

Telecom shares rebound; Idea, Bharti gain over 3%

Idea Cellular surged nearly 5% to Rs 179, while Bharti Airtel up 3.4% at Rs 389 on the Bombay Stock Exchange.

Cardamom gains by 0.4% on spot demand

Rising demand amid restricted supplies helped prices

Mentha oil declines by 0.5% on subdued demand

Speculators indulged in reducing positions amid sluggish demand from consuming industries in the spot market

Tech Mahindra hits three-month low

The stock was down 3% at Rs 625, its lowest level since December 29, 2014, on the National Stock Exchange.

India needs $100 billion in equity capital a year: BSE CEO

Says equity fund raising needs to pick up to fund country's growth

 

Back to Top