DLF Q4 Results Announced!! Buy or Hold, See the Experts Recommendation

DLF Q4 Results- Reporting Weak Earning

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The real estate developer on May 17 reported a 16 percent year-on-year decline in consolidated net profit at Rs 405.3 crore.

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DLF Q4 Results- Consolidated Revenue

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Investors were, however, impressed by the strong pre-sales bookings the company’s residential segment saw during the quarter.

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DLF Q4 Results- Pre Sales Booking

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DLF launched a plotted development project in Chennai and received a strong response, bookings of Rs 500 crore.

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DLF Q4 Results- UBS Securities Rating

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DLF continued to pare its net debt during the March quarter. Net debt declined to Rs 2,600 crore from Rs 3,200 crore.

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DLF Q4 Results- Swipe Up For More!!!

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DLF Q4 Results- Reporting Weak Earning

The share price of DLF rose nearly 2 percent in the morning trade on May 18 despite reporting weak earnings.

The real estate developer on May 17 reported a 16 percent year-on-year decline in consolidated net profit at Rs 405.3 crore.

DLF Q4 Results- Consolidated Net Profit

DLF Q4 Results- Consolidated Revenue

The company’s consolidated revenue fell 10 percent on-year to Rs 1,547.3 crore in the reported quarter.

Investors were, however, impressed by the strong pre-sales bookings the company’s residential segment saw during the quarter.

DLF Q4 Results- Investors were Impressed

DLF Q4 Results- Pre Sales Booking

DLF reported pre-sales booking of Rs 2,700 crore for the March quarter, which was higher by 158 percent on-year.

DLF launched a plotted development project in Chennai and received a strong response, bookings of Rs 500 crore.

DLF Q4 Results- Plotted Development Project

DLF Q4 Results- UBS Securities Rating

Brokerage firm UBS Securities said that the March quarter performance was strong, as its "buy" rating & price target of Rs 440.

DLF continued to pare its net debt during the March quarter. Net debt declined to Rs 2,600 crore from Rs 3,200 crore.

DLF Q4 Results- Net Debt Decreased

DLF Q4 Results- Swipe Up For More!!!

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