InvestorQ : Do you think that DLF looks like a good choice after the latest results announced?
shrinidhi Rajan made post

Do you think that DLF looks like a good choice after the latest results announced?

Answer
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Riya Dwivedi answered.
2 months ago


DLF reported net sales of Rs.548.63 crore for the Jun-20 quarter, a fall of 58.8% on a YOY basis. During the Jun-20 quarter, the company reported net loss of Rs.70.65 crore as against a Jun-19 net profit of Rs.414.72. EBITDA was also down by 77% at Rs.100. crore in Jun-20 quarter. The stock has been under pressure but this fall is largely due to the shutdown. With the company going zero debt, hopefully, this year it should be a good pick.