New Delhi, Nov. 8 -- : India's largest real estate company DLF Group's net profit stood at Rs 444 crore in the July to September quarter, up 18 per cent in the year-ago period.
Consolidated revenues came in at Rs 1,940 crore, marking an increase of 26 per cent as compared to the previous quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 575 crore, with EBITDA margins continuing at 30 per cent for the development business.
EBITDA for DLF Cyber City Developers Ltd (DCCDL) -- its joint venture with Singapore's sovereign wealth fund GIC -- stood at Rs 1,024 crore and continues to grow steadily.
"The development business has been performing well," the company said in a statement. "We have achieved net ...