DLF Q4 net profit seen down 82.97% to Rs 371 cr

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DLF Q4 net profit seen down 82.97% to Rs 371 cr

This article was posted on Apr 29, 2009 and is filed under Stock News

DLF is to announce its fourth quarter results. According to CNBC-TV18 estimates, Q4FY09 net profit is seen down 82.97% from Rs 2177 crore to Rs 370.63 crore, YoY.

Its revenues are expected to go down 76.45% from Rs 4372 crore to Rs 1029.45 crore.

Q4FY09 expectations

* No further sales to DLF Assets (DAL) to lead to sharp decline in revenues

* EBIDTA margin expected to decline 48.87% vs 65.16% as product mix shifts to mid-income housing

* Investor focus likely on further clarity on funding of DAL and cash inflow from DAL

source: MOneycontrol

Tags: DLF, dlf quater 4 results, Nse quater 4 results, Q4 results

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