DLF cuts debt by Rs. 861 crore

November 01, 2013 02:50 am | Updated 02:50 am IST - NEW DELHI

Realty company DLF, on Thursday, announced that it had reduced its net debt by Rs. 861 crore to Rs. 19,508 crore and reported a 28 per cent fall in consolidated net profit at Rs. 100.05 crore in the second quarter. The company also announced plans raise Rs. 1,000 crore through launch of first Commercial Mortgage Backed Security by end of November.

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