India's DLF posts 21 pct rise in second-quarter profit

November 4, 2015 3:54 AM

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MUMBAI Nov 4 DLF Ltd, India's biggest listed property developer, posted a 21 percent jump in quarterly profit on lower costs even as home sales are slow to pick up in a recovering economy.

The New Delhi-based company earned 1.32 billion rupees ($20.1 million) for the quarter ended Sept. 30, compared with 1.1 billion rupees last year.

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