DLF hits debt-free milestone after Q3 results — but sales bookings crash and shares slide
DLF reported a 13.7% rise in Q3 profit to 12.03 billion rupees, with total income up 42.7%. Sales bookings plunged to 4.19 billion rupees from over 120 billion a year earlier amid no new launches. The company ended the quarter with zero gross debt and a net cash surplus. DLF shares fell about 4% after the results.
