WealthBull
   
FAQ | Member Login
 
 
  • Home
  • About us
  • Workshop
  • Today's Market
  • Partner Us
  • Events
  • Contact Us
Today's Market
DLF declares lackluster results!
15 Feb 13 06:18 AM

Yesterday we wrote that DLF may declare a lackluster result. We concluded this after annualizing the delivery volume trend. Yesterday, after the market hours DLF had declared the results as per our expectation. The Company had posted a net loss of Rs. (421.10) million for the quarter ended December 31, 2012 as compared to net profit of Rs. 3557.00 million for the quarter ended December 31, 2011. Total Income had decreased from Rs. 12360.00 million for the quarter ended December 31, 2011 to Rs. 6645.20 million for the quarter ended December 31, 2012.

As per the consolidated Results the Group had posted a net profit of Rs. 2848.00 million for the quarter ended December 31, 2012 as compared to Rs. 2583.50 million for the quarter ended December 31, 2011. Total Income had decreased from Rs. 23960.20 million for the quarter ended December 31, 2011 to Rs. 22912.50 million for the quarter ended December 31, 2012.

In fact, Analysts on an average expect profit after tax of the company to rise by 90 percent year-on-year to Rs 490 crore in the quarter due to jump in other income from NTC land sale, according to CNBC-TV18 poll. We were bold enough to write about the DLF results just on a simple analysis. We are sure that you enjoyed our findings.

What to expect from the market now?

There is no respite for the market. Right from the opening bell the bears ruled the market. Small and mid cap stocks were bashed by the bears; Except IT stocks all the stocks fell like a pack of cards. Let us wait for the correction to get over but for now the market is in full control of bears.

 

Add comment


Security code
Refresh

Send
Cancel
JComments
 

Other Investment Advice

How is it going to be in the year 2018? 01 Jan 18 07:57 AM

Infosys completes buyback! 25 Dec 17 09:15 PM

This one quote of Peter Lynch can help you to make millions! 17 Dec 17 10:56 PM

December investors meet is scheduled on 17th! 10 Dec 17 10:16 PM

 

Client Speak

    Sivaprakasham, E & I Inspector, Qatar Gas II Project, Doha, Qatar
    I thought stock market is a rich man's paradise. After associating with Wealthbull, I had invested Rs 100K and made handsome profits. ...
    Read all...
 
Site Designed and developed by Accel Frontline Limited
© Wealthbull 2010 Disclaimer | Contact us | About Us | Sitemap