DLF is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4 PAT is seen down 29% at Rs 243.93 crore versus Rs 344.5 crore, year-on-year, YoY.
Like this story, share it with millions of investors on M3
DLF Q4 sales seen down 14% at Rs 2313 cr
DLF is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4 PAT is seen down 29% at Rs 243.93 crore versus Rs 344.5 crore, year-on-year, YoY.
Like this story, share it with millions of investors on M3
DLF Q4 sales seen down 14% at Rs 2313 cr
DLF is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4 PAT is seen down 29% at Rs 243.93 crore versus Rs 344.5 crore, year-on-year, YoY.
DLF is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4 PAT is seen down 29% at Rs 243.93 crore versus Rs 344.5 crore, year-on-year, YoY.
Its sales are seen down 14% at Rs 2313.13 crore versus Rs 2683.10 crore.
Quarter Highlights
Expected sales of 3 msf vs 3.3 msf (QoQ) Assumption of total sales during the year is 9.9 msf Vs 10 msf (YoY) High interest cost to impact PAT Interest cost @ Rs 650 Cr during the quarter vs Rs 450 Cr (YoY) Revenue to be largely driven by launch of plotted sales development DLF to deliver in excess of 12 msf during the full year (up from its usual run rate of 6-7 msf) DLF has begun outsourcing its construction contracts to third parties from last quarter to increase pace of execution and improve cash flows Debt reduction to remain muted as no progress on asset sales have been made during the quarter Robust launches this quarter of 5 msft (10-12 msft for the full year) Rental income rate to come off by Rs 25 Cr (Expected rental income in the range of Rs 400 Cr)
