DLF Reports 14% Rise in Q3 Net Profit, Turns Gross Debt-Free
DLF Q3 Update: Profit Jump and Debt Milestone
DLF shares are tracking higher following a robust performance in the third quarter. The company reported a **14.4%** increase in net profit, which climbed to **Rs 1,207 crore**.
In a significant financial development, DLF has become gross debt-free. This marks the first time the company has cleared its gross debt since its initial public offering in **2007**.
The strong results are driven by solid operating performance and consistent growth across its annuity business portfolio.