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Reputation: 642,713  •  May 16, 2023 9:26 PM
DLF's net debt down 73 pc in FY23 to Rs 721 cr; net debt of DLF-GIC JV reduces to Rs 18,772 cr
DLF's net debt down 73 pc in FY23 to Rs 721 cr; net debt of DLF-GIC JV reduces to Rs 18,772 cr
India's leading real estate firm, DLF, has reduced its net debt by 73% to INR 721 crore ($96.4 million) in the fiscal year 2022-23. The joint venture firm DLF Cyber City Developers saw its net debt fall 1% to INR 18,772 crore. DLF has successfully cut its debt burden thanks to better sales amid strong housing demand, with the parent firm primarily focused on housing.
The Economic Times

https://economictimes.indiatimes.com/industry/services/pr...
#DLF #GICRE

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NSE:DLF price when posted: 471.75