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.