Shares of realty firm DLF today surged over 9 per cent after the company saw an increase in total income in the April-June quarter of 2015-16.
The stock rallied 9.42 per cent to Rs 124.80 on BSE.
On NSE, it jumped 9.27 per cent to Rs 124.85.
DLF on Thursday reported a 5 per cent decline in consolidated net profit at Rs 121.55 crore for the quarter ended June because of  higher finance costs and rise in operational expenses.
Its profit stood at Rs 127.77 crore (Rs 1.27 billion) in the year-ago period.
Total income increased to Rs 2,345.62 crore (Rs 23.45 billion) in the June quarter of 2015-16, from Rs 1,851.6 crore (Rs 18.51 billion) a year earlier, DLF had said in a filing to BSE.
Net profit fell during the June quarter as finance costs increased to Rs 604.32 crore (Rs 6.04 billion), from Rs 558.10 crore (Rs 5.58 billion) earlier, while total expenses rose 37 per cent to Rs 1,539.96 crore (Rs 15.39 billion), from Rs 1,122.70 crore (Rs 11.22 billion) in the year-ago period.