Failure to Cut Debt Lifts Builder Yields Above 20%

Failure to Cut Debt Lifts Builder Yields Above 20%

Graham Crouch/Bloomberg

Women walk past the DLF Emporio shopping mall in New Delhi. Total profit at India’s five biggest developers, with DLF being the biggest, fell to the lowest level in at least a year in the three months ended Sept. 30, data compiled by Bloomberg show.