DLF's Q1FY18 consolidated net profit declines 58.4% yoy to Rs.109.01 crore : Estimates Mixed

India Infoline Research Team | August 12, 2017 17:35 IST

DLF Ltd Q1FY18

Consolidated Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 2,047.7 9.7
EBITDA 1,048 17.6
EBITDA Margin (%) 51.2 346
Net Profit (adjusted) 109.1 [58.4]
***EBITDA margin change is bps
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Reco. Price

155

Last updated on

11-Aug-2017

DLF's Q1FY18 consolidated results for the quarter registered a mixed result versus consensus estimates. Revenue for the quarter came in 6% lower than the estimated figure of Rs. 2178 crore. However, EBITDA for the quarter came in 26.4% higher than the estimated figure of Rs. 829 crore. And lastly, net profit for the quarter came in 130.5% higher than the estimated figure of Rs. 47 crore.

DLF consolidated revenue for the quarter came in at Rs. 2047.7 crore, registering 9.7% yoy increase.

EBITDA for the quarter rose by 17.6% yoy to Rs.1048 crore with a corresponding margin expansion of 346 bps. EBITDA margin for the quarter stood at 51.2%. This pertains to a 4% yoy decline in cost of land and plots.

Net profit declined 58.4% yoy to Rs. 109.1 crore in Q1FY18 vs net profit of Rs. 261.8 crore in Q1FY17.




Technical View:

DLF Ltd ended at Rs. 155.40, down by 8.95 points or 5.45% from its previous closing of Rs. 164.35 on the BSE.
The scrip opened at Rs. 162.70 and touched a high and low of Rs. 165.90 and Rs. 153.10 respectively. A total of 1,62,24,709(NSE+BSE) shares were traded on the counter. The stock traded above its 50 DMA.

BSE 227.65 [0.10] ([0.04]%)
NSE 227.60 [0.20] ([0.09]%)

***Note: This is a NSE Chart

 

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