DLF Ltd Q2 consolidated profit down 63%

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SummaryDLF reported a fall in its consolidated net profit for the quarter ended September 30 at Rs 138.51 cr.

leadership with planned launches in excess of 9million sq ft during the second half of the fiscal year. We truly believe that the worst is behind us!"

On standalone basis, DLF posted a net loss of Rs 19.54 crore as against a net profit of Rs 302.57 crore in Q2 of FY'12. The sales also declined by 66.60 per cent to Rs 356.07 crore from Rs 1,066.05 crore.

Shares of the company today closed 2.41 per cent down at Rs 206.15 apiece on the BSE.

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