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DLF shines on reporting 40% rise in Q4 consolidated net profit
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DLF is currently trading at Rs. 461.00, up by 25.10 points or 5.76% from its previous closing of Rs. 435.90 on the BSE.
The scrip opened at Rs. 442.00 and has touched a high and low of Rs. 461.65 and Rs. 440.25 respectively. So far 496891 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 461.65 on 15-May-2023 and a 52 week low of Rs. 294.75 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 461.65 and Rs. 426.75 respectively. The current market cap of the company is Rs. 113777.70 crore.
The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 19.88% and 5.17% respectively.
DLF has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 3- fold jump in its net profit at Rs 1045.04 crore for the quarter under review as compared to Rs 300.07 crore for the same quarter in the previous year. Total income of the company increased by 61.57% at Rs 1833.11 crore for Q4FY23 as compared to Rs 1134.55 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 40.45% rise in its net profit at Rs 569.60 crore for fourth quarter ended March 31, 2023 as compared to Rs 405.54 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 4.63% at Rs 1575.70 crore for Q4FY23 as compared to Rs 1652.13 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 73.05% rise in its net profit at Rs 2310.82 crore as compared to Rs 1335.35 crore for the previous year. Total income of the company increased by 11.08% at Rs 5173.35 crore for year under review as compared to Rs 4657.01 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 35.57% rise in its net profit of Rs 2033.95 crore as compared to Rs 1500.32 crore for the previous year. However, total income of the company marginally decreased by 2.05% at Rs 6012.14 crore for year under review as compared to Rs 6137.85 crore for year ended March 31, 2022.
