DLF moves up on reporting 61% rise in Q4 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
DLF is currently trading at Rs. 840.00, up by 1.75 points or 0.21% from its previous closing of Rs. 838.25 on the BSE.
The scrip opened at Rs. 847.90 and has touched a high and low of Rs. 852.35 and Rs. 831.00 respectively. So far 136897 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 967.00 on 01-Apr-2024 and a 52 week low of Rs. 440.25 on 15-May-2023.
Last one week high and low of the scrip stood at Rs. 871.15 and Rs. 811.00 respectively. The current market cap of the company is Rs. 208247.97 crore.
The promoters holding in the company stood at 74.08%, while Institutions and Non-Institutions held 21.30% and 4.62% respectively.
DLF has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 57.62% fall in its net profit at Rs 442.93 crore for the quarter under review as compared to Rs 1045.04 crore for the same quarter in the previous year. Total income of the company decreased by 31.04% at Rs 1,264.12 crore for Q4FY24 as compared Rs 1,833.11 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 61.49% rise in its net profit at Rs 919.82 crore for fourth quarter ended March 31, 2024 as compared to Rs 569.60 crore for the same quarter in the previous year. Total income of the company increased by 47.03% at Rs 2316.70 crore for Q4FY24 as compared Rs 1,575.70 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 45.85% fall in net profit at Rs 1,251.21 crore as compared to Rs 2310.82 crore for the previous year. Total income of the company decreased by 21.18% at Rs 4,077.52 crore for year under review as compared to Rs 5,173.35 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 33.90% rise in its net profit at Rs 2,723.53 crore as compared to Rs 2,033.95 crore for the previous year. Total income of the company increased by 15.74% at Rs 6,958.34 crore for year under review as compared to Rs 6,012.14 crore for year ended March 31, 2023.
