DLF Stock Jumps 3% On Strong Q2 Results: Should You Buy It? | Stock Market News
Zee Business Video Team | Updated: October 31, 2023 01:21 PM IST
DLF has posted stellar results for the quarter ended September 2023, with PAT jumping 30.3% YoY to Rs 622 crore. Revenue came in at Rs 1348 crore, while consolidated EBITDA was up 6% YoY at Rs 462.3 crore. New sales bookings stood at Rs 2,228 crore, while collections were strong, resulting in record cash flow generation. The company has also achieved a net debt zero position.
