DLF shares up 2% post Q2 result

Shares of realty firm DLF ended 2 per cent higher today after the company reported 9 per cent increase in consolidated net profit for the second quarter of this fiscal.
After surging 2.95 per cent to Rs 143 in intra-day trade on the BSE, shares of DLF finally closed the day at Rs 141.80, up 2.09 per cent.
On the NSE, it settled 2.01 per cent up at Rs 142.15.
DLF's market valuation jumped Rs 517.73 crore to Rs 25,267.73 crore.
On the volume front, 13.71 lakh shares of the company changed hands on the BSE, while more than one crore shares were traded on the NSE during the day.

DLF had yesterday reported 9 per cent increase in its consolidated net profit at Rs 109.06 crore for the second quarter of this fiscal on account of higher sales and lower expenses.

Its net profit stood at Rs 100.05 crore in the year-ago period.
Income from operations rose 3 per cent to Rs 2,013.15 crore during the July-September quarter from Rs 1,956.09 crore in the corresponding period of the previous year.
However, total income fell to Rs 2,135.59 crore for the quarter, from Rs 2,224.61 crore in the year-ago period.