DLF surges on reporting 23% rise in Q1 consolidated net profit
DLF is currently trading at Rs. 830.85, up by 18.20 points or 2.24% from its previous closing of Rs. 812.65 on the BSE.
The scrip opened at Rs. 815.10 and has touched a high and low of Rs. 843.00 and Rs. 814.30 respectively. So far 160172 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. 461.55 on 16-Aug-2023.
Last one week high and low of the scrip stood at Rs. 843.00 and Rs. 778.45 respectively. The current market cap of the company is Rs. 205574.64 crore.
The promoters holding in the company stood at 74.08%, while Institutions and Non-Institutions held 20.97% and 4.95% respectively.
DLF has reported 97.84% fall in its net profit at Rs 3.79 crore for the first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 175.41 crore for the same quarter in the previous year. Total income of the company decreased by 33.02% at Rs 602.91 crore for Q1FY25 as compared to Rs 900.16 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 22.54% rise in net profit at Rs 644.67 crore for Q1FY25 as compared to Rs 526.11 crore for the same quarter in the previous year. Total income of the company increased by 13.68% at Rs 1729.82 crore for Q1FY25 as compared to Rs 1521.71 crore for the corresponding quarter previous year.
