DLF, a leading real estate developer, witnessed a fall in share price on Wednesday after the company disclosed a  drop in consolidated net profit for the quarter ended December 2016.  During the quarter, the profit of the company declined 46.11% to Rs 981.40 million from Rs 1,821.10 million  in the same quarter last year.

Revenues for the quarter declined 29.96% to Rs 21,779 million, compared with Rs 31,096.40 million for the prior year period.

Shares of DLF are trading at Rs 138.50, down Rs 9, or 6.10% at the Bombay Stock Exchange (BSE) on Wednesday at 12:24 p.m.

The scrip has touched an intra-day high of Rs 143.75 and low of Rs 137.75. The total volume of shares traded at the BSE is 1,057,900.

Total volume of shares traded on the bourses today was higher by 2.66% to 9,472,901 compared with 22-day average volume of 9,227,874.