DLF's arm DCCDL has reported a 3 per cent increase in net debt at Rs 19,640 crore during the September quarter due to higher capex. The net debt of DCCDL rose to Rs 19,640 crore as on September 30, 2021 from Rs 19,072 crore at the end of the first quarter of this fiscal year.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.
