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:   
|
|

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 ...

Quick Links

 

Market News

Restructuring should precede PSU disinvestment

The disinvestment target of the government for 2013-14 is Rs 58,000 cr

Kalyan Jewellers raises Rs 1,200 cr from Warburg Pincus

Company is said to have diluted around 10-12% stake to the PE firm

Pulse prices move up on lower kharif output estimates

Lower kharif production estimates fuel the rise; fall in global output also likely to keep prices up

UP sugar crisis defuses as mills ready to go for cane crushing

Private mills owe farmers Rs 2,500 crore in arrears for the earlier crushing season

FIIs hive off Nifty shares in different baskets

Foreign institutional investors (FIIs), the biggest shareholders outside the promoter group, pared their holdings in almost half of the Nifty ...

Back to Top