DLF-Poor Q3, Delivery Transactions-10%, Feb Backwardation-10 per cent

DLF Ltd has announced the following Unaudited results for the quarter ended December 31, 2008: The results for the Quarter ended December 31, 2008 The Company has posted a net profit of Rs 1780.60 million for the quarter ended December 31, 2008 as compared to Rs 6058.40 million for the quarter ended December 31, 2007. Total Income has decreased from Rs 18125.90 million for the quarter ended December 31, 2007 to Rs 6833.90 million for the quarter ended December 31, 2008. The Consolidated results are as follows: The consolidated results for the Quarter ended December 31, 2008 The Group has posted a net profit of Rs 6707.90 million for the quarter ended December 31, 2008 as compared to Rs 21449.80 million for the quarter ended December 31, 2007. Total Income has decreased from Rs 36512.50 million for the quarter ended December 31, 2007 to Rs 15027.90 million for the quarter ended December 31, 2008. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.   Nothing in this article is, or should be construed as, investment advice.