DLF Stock Jumps 3% On Strong Q2 Results: Should You Buy It? | Stock Market News

Name: DLF Stock Jumps 3% On Strong Q2 Results: Should You Buy It? | Stock Market News
Uploaded: 2023-10-31T13:21:01+05:30
Duration: 1 min 20 s
Description: 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.

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.

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Written By: Zee Business Video Team

Updated on: October 31, 2023, 01.21 PM IST