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DLF's Q2 net debt rises to Rs 23,140 crore

13 Dec 2016 Evaluate

DLF has increased its net debt by 1,021 crore in the second quarter of FY17 to Rs 23,140 crore. In order to reduce debt significantly, DLF promoters are selling their 40% stake in the company's rental arm DLF Cyber City Developers (DCCDL). Meanwhile, the company has reported marginal fall of 0.04% in its consolidated net profit at Rs 206.09 crore for the quarter ended September 30, 2016 as compared to Rs 206.18 crore for the same quarter in the previous year.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 288 million square feet (approximately) of development potential with 45 million square feet of projects under construction.

DLF Share Price

601.80 12.10 (2.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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