DLF Q2 net profit rises 31% to ₹623cr

DLF on Monday reported 31% rise in consolidated net profit at Rs 622.8 crore for the second quarter of this fiscal year on higher revenue. Its net profit stood at Rs 477 crore in the year-ago period. Total income increased to Rs 1,476 crore from Rs 1,360 crore in the corresponding period of the previous year, according to a regulatory filing. During the April-September, DLF’s net profit rose to Rs 1,149.8 crore from Rs 946.6 crore in the year-ago period.

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