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DLF Share Price Dips Ahead of Q3 FY25 Results Announcement

Written by: Nikitha DeviUpdated on: Jan 24, 2025, 4:05 PM IST
DLF share price opens at ₹718, dips to ₹709.45. The company’s board meeting on Jan 24, 2025, will review Q3 and 9MFY25 unaudited financial results.
DLF Share Price Dips Ahead of Q3 FY25 Results Announcement
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DLF Limited is in focus ahead of the Q3 FY 2025 financial results announcement. On January 24, 2025, DLF share price opened at ₹718.00, up from its previous close of ₹715.05. At 11:08 AM, the share price of DLF was trading at ₹709.45, down by 0.78% on the NSE. As of the same time, the stock touched its day’s low at ₹704.30 so far.

Board Meeting Announcement

Earlier this month, in January 2025, the company announced that its Board of Directors would convene on Friday, January 24, 2025, to discuss key financial matters. The meeting’s agenda includes the review of the unaudited financial results for the quarter and the nine months ending December 31, 2024.

Financial Performance in Q2 FY 2025

DLF Limited’s consolidated revenue for Q2FY25 stood at ₹2,181 crore, with a gross margin of 45%. The company reported a net profit of ₹1,387 crore, which includes the reversal of deferred tax liabilities of approximately ₹606 crore due to a change in tax rate on long-term capital gains under the Finance Act, 2024.

Additionally, DLF achieved new sales bookings of ₹692 crore during the quarter, highlighting its market performance.

About DLF Ltd

DLF, one of India’s leading real estate developers, has a legacy of over seven decades marked by consistent growth, customer satisfaction, and innovation. The company has successfully developed more than 178 real estate projects, covering an area of over 349 million square feet. Additionally, DLF Group holds ~220 million square feet of development potential across both the residential and commercial sectors.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 24, 2025, 12:48 PM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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