DLF’s rental arm DCCDL raised 1,100 crore rupees. This funding came from non-convertible debentures. The issue happened on a private placement basis. DCCDL is a joint venture with GIC. Its net profit rose 26 percent in the June quarter. Total income grew 12 percent. The company reported higher income from properties.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets