NEW DELHI : Realty major DLF Ltd on Thursday reported a 19% increase in its consolidated net profit at 445.85 crore for the second quarter of this fiscal year mainly on lower expenses.

Its net profit stood at 374.74 crore in the year-ago period.

Total income, however, fell to 1,940.05 crore in the July-September quarter of 2019-20 as against 2,304.9 crore in the corresponding period of the previous year. During the second quarter, DLF's tax outgo fell to 74.21 crore from 139.31 crore in the year-ago period, while its operational expenses dropped to 1,827.89 crore from 2,031.30 crore. That apart, the company earned an exceptional profit of 143.56 crore during the July-September quarter.