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Real estate major DLF net profit rises 28% YoY to Rs 487 crore

At the end of the second quarter (Q2), the company's revenue stood at Rs 1,360 crore and net debt at Rs 2,142 crore, said the company

DLF
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As per Q2 results, the company's surplus cash generation stood at Rs 409 crore before net outflow of Rs 292 crore on account of increased dividend payout

Pratigya Yadav New Delhi
Real estate major DLF Ltd reported a net profit of Rs 487 crore, reflecting a 28 per cent year-on-year (YoY) increase.

At the end of the second quarter (Q2), the company's revenue stood at Rs 1,360 crore and net debt at Rs 2,142 crore, said the company.

The company's Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at Rs 495 in Q2.

DLF’s residential business also saw an yearly growth of 36 per cent and clocked new sales bookings of Rs 2,052 crore. However cumulative new sales for the first half of this financial year stands at Rs 4,092