DLF, a leading real estate developer, witnessed a fall in share price on Wednesday ahead of it's fourth quarter earnings today.
For the third quarter, the company posted a marginal decline in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 9.29% to Rs 1,317.90 million from Rs 1,452.90 million in the same quarter last year. Net sales for the quarter declined 19.70% to Rs 20,798.20 million, compared with Rs 25,902 million for the prior year period.
Shares of DLF are trading at Rs 123.40, down Rs 0.8, or 0.64% at the Bombay Stock Exchange (BSE) on Wednesday at 11:40 a.m.
Total volume of shares traded on the bourses today was lower by 71.13% to 3,263,086 compared with 22-day average volume of 11,301,921.