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Revenue is seen going up by 0.7 percent to Rs 1,970 crore in the quarter ended September 2014 from Rs 1,956 crore in same quarter last year.
Group CFO Ashok Tyagi said that DLF‘s net debt will continue to be around Rs 17,500 crore for the next few quarters.
Revenue may go up 68 percent to Rs 2,200 crore from Rs 1,310 crore and operating profit may jump to Rs 685 crore from Rs 87 crore year-on-year.
Real estate giant DLF is confident of reducing its debt to Rs 17,500 crore; in line with its guidance. Its management also hopes to bring down its interest costs by Rs 450-470 crore in FY15.
Analysts expect profit after tax of the real estate company to increase 9 percent year-on-year (down 17.2 percent quarter-on-quarter) to Rs 150 crore in three-month period ended September 2013.
According to Prabhudas Lilladher, DLF is likely to report a 12.5 percent growth Y-o-Y in net profit at Rs 145.8 crore in September quarter.
According to Motilal Oswal, DLF's revenues are expected to decrease by 11.3 percent Q-o-Q (up 0.7 percent Y-o-Y) to Rs 2053.7 crore.
Analysts feel DLF's new launches (like Crest) will not hit the revenue recognition threshold during the quarter. Also, having delivered 9 million square feet (msf) in Q4, its recognition base has reduced.
Prabhudas Lilladher expects DLF to report a 323.7 percent growth quarter-on-quarter (fall of 27.9 percent year-on-year) in net profit at Rs 212.3 crore.
Motilal Oswal expects DLF to report a fall of 69.3 percent year-on-year in net profit at Rs 90 crore.
Saurabh Chawla of DLF believes that it was the accounting changes that impacted their earnings. He added that he expected the numbers to go up in the next 12-18 months.
StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects DLF to report a profit of Rs 1.76 billion for the quarter compared with a wider consensus mean estimate of Rs 1.90 billion.
DLF, the biggest real estate company in India, is set to announce its third quarter results on Thursday. 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.
KRChoksey has come out with its earning estimates on real estate sector for the quarter ended December 2012. According to the research firm, the sales momentum is expected to continue to improve from the current levels. It seems developers would have witnessed uptick both in terms of volume and pricing in Q3FY13.
Real estate firm DLF is set to report second quarter numbers today. Analysts on an average expect the profit after tax to fall by 20.6 percent year-on-year to Rs 295.9 crore in the quarter owing to higher interest expense. In June quarter, interest cost had jumped 25 percent YoY to Rs 622 crore.
Real estate firm DLF is set to report second quarter numbers today. Analysts on an average expect the profit after tax to fall by 20.6 percent year-on-year to Rs 295.9 crore in the quarter owing to higher interest expense.
Motilal Oswal has come out with its earnings estimates on real estate sector for September quarter FY13. According to the research firm, real estate universe is expected to post a YoY uptick in 2QFY13 sales momentum.
KR Choksey has come with its September quarterly earning estimates for real estate sector. According to the research firm, thigh debt levels, falling absorptions and high inventory remain a challenge for the sector. DLF and Sobha Developers have rallied by 10-15% in recent months.
Real estate firm DLF is set to announce its first quarter results for the financial year 2012-13. Analysts on an average expect the profit after tax to go down by 14.5% year-on-year to Rs 290 crore during the quarter.
Real estate firm DLF is set to announce its first quarter results for the financial year 2012-13. Analysts on an average expect the profit after tax to go down by 14.5% year-on-year to Rs 290 crore during the quarter.
Emkay Global Financial Services has come with its June quarterly earning estimates for real estate sector. According to the research firm, Real Estate Q1FY13 results are expected to be mix.
Angel Broking has come with its June quarterly earning estimates for real estate sector. According to the research firm, Mumbai real estate prices have increased significantly over the past few quarters, that too at a much faster rate than other key cities.
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.
Motilal Oswal has come with its March quarterly earning estimates for Real Estate sector. As per the research firm, real estate companies are expected to post revenue de-growth of 14% YoY (up 20% QoQ) and net profit to decline 13% YoY (up 11% QoQ).