DLF’s net profit rose to Rs 794 crore in Q1FY27

Real estate major DLF Ltd reported a 4% year-on-year rise in consolidated net profit to Rs 794 crore for the quarter ended June, compared with Rs 766 crore in the same period last year. However, new sales bookings declined to Rs 657 crore during t...

Real estate major DLF Ltd on Monday said net profit rose to Rs 794 crore from Rs 766 crore a year ago, in the quarter to June.

New sales bookings for the quarter dipped to Rs 657 crore due to the impact of deferred launches.

“We remain well positioned to bring our upcoming products to the market and expect the requisite approvals to be received soon for the planned launches. With sustained customer demand, strong brand positioning, deep market presence and a defined launch pipeline, we remain confident of achieving our stated medium-term growth goals,” the company said in a statement.


Consolidated revenue for the quarter stood at Rs 1,605 crore with gross margins at 51% and EBITDA stood at Rs 476 crore

Consolidated revenue for DLF Cyber City Developers Limited, rental arm of the company stood at Rs 1,917 crore while EBITDA stood at Rs 1,474 crore, y-o-y growth of 9%.

Net Profit for the quarter was at Rs 717 crore, y-o-y growth of 21%
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“We continued to with a strong momentum in surplus cash generation, leading to a further improved net cash position of Rs 15,200 crore at the end of the quarter,” DLF said.

“Our rental portfolio, spanning approximately 50 msf, continues to demonstrate robust operating strength with industry-leading occupancy of 95%. We remain steadfast towards driving steady and sustainable long-term growth in our annuity business by measured capital deployment to build out high quality destinations,” it said.

During the current fiscal, three new retail destinations aggregating approximately 1.5 msf of gross leasable area — DLF Midtown Plaza (New Delhi), which has already commenced operations, DLF Summit Plaza (DLF 5, Gurugram), and DLF Promenade (Goa) — to commence operations and are expected to drive significant growth in our retail business.

“With a significant land bank, a robust launch pipeline across development and rental businesses, a strengthened balance sheet and consistent cash flow generation, DLF is well positioned to capitalize on the structural upcycle in the sector,” the company said.
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