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24 April, 2024 17:24 IST
DLF down ahead of Q4 earnings
Source: IRIS | 20 May, 2015, 11.45AM
Rating: NAN / 5 stars.
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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.



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