DLF good FY 2008 numbers

DLF

reported 536.6% surge in net profit in the year ended March 2008 over the year ended March 2007.

The stock hit a high of Rs 726.80 and a low of Rs 715 so far during the day. The stock had a 52-week high of Rs 1225 on 15 January 2008 and a 52-week low of Rs 505.60 on 5 July 2007.

India’s largest real estate developer by market capitalisation has an equity capital of Rs 340.97 crore. Face value per share is Rs 2.

The current price of Rs 716.65 discounts its year ended March 2008 annualised EPS of Rs 15.19, by a PE multiple of 47.17.

The net profit of DLF rose 536.6% to Rs 2590.28 crore on a 388.1% rise in sales to Rs 5532.88 crore in the year ended March 2008 over the year ended March 2007.

DLF reported a net profit of Rs 638.55 crore on sales of Rs 1613.32 crore in Q4 March 2008.

DLF, the largest real-estate developer in India, develops residential, commercial and retail properties. In the residential realty space, the company builds and sells a wide range of properties including houses, duplexes and apartments of varying sizes, with focus on the higher end of the market.