Friday 14 November 2014

DLF gains on reporting 9% rise in Q2 consolidated net profit

DLF is currently trading at Rs 140.00, up by 1.10 points or 0.79% from its previous closing of Rs 138.90 on the BSE.
The scrip opened at Rs 141.00 and has touched a high and low of Rs 143.00 and Rs 139.85 respectively. So far 479901 shares were traded on the counter.
The BSE group 'A ' stock of face value Rs 2 has touched a 52 week high of Rs 242.80 on 09-Jun-2014 and a 52 week low of Rs 100.00 on 16-Oct-2014.
Last one week high and low of the scrip stood at Rs 141.40 and Rs 129.80 respectively. The current market cap of the company is Rs 25044.99 crore.
The promoters holding in the company stood at 74.91% while Institutions and Non-Institutions held 20.27% and 4.82% respectively.
DLF has registered 165.86% rise in its net profit at Rs 220.74 crore for second quarter ended September 30, 2014 as compared to Rs 83.03 crore for the same quarter in the previous year. Total income of the company has increased 14.64% at Rs 1005.91 crore for Q2FY15 as compared Rs 877.44 crore for the corresponding quarter previous year.
On the consolidated basis, the company’s net profit surged 9.01% to Rs 109.06 crore for the Q2 FY15 as compared to Rs 100.05 crore in Q2 FY14. However, the total income decreased by 4% to Rs 2135.59 crore in the quarter under review as compared to Rs 2224.61 crore in the corresponding quarter previous year.

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