DLF surpasses FY25 guidance with highest ever quarterly sales booking in Q3 FY25

DLF reported a Q3FY25 net profit of ₹1,055 crore, up from ₹648 crore YoY, driven by record sales bookings of ₹12,093 crore, led by luxury project "The Dahlias."

Agencies
DLF reported net profit of Rs 1,055 crore, during Q3 FY25 against Rs 648 crore in the same period a year ago, as it recorded the highest quarterly sales booking of Rs 12,093 crore backed by super luxury offering, The Dahlias in DLF 5, during the quarter.

The project alone generated Rs 11,816 crore of new bookings in the opening quarter helping the company to surpass its annual guidance with a quarter left.

New sales bookings for the first nine months of the fiscal year stands at Rs 19,187 crore.


The operating cash surplus generated during the quarter was Rs 1,850 crore, consequently the net cash position stood at Rs 4,534crore at the end of the period.

Company’s rental arm DLF Cyber City Developers Limited (DCCDL) reported consolidated revenue of Rs 1,609 crore, reflecting y-o-y growth of 9%; consolidated profit for the quarter stood at Rs 941 crore, registering a growth of 117% as compared to Q3FY24.

“Our rental business continues to demonstrate steady growth, and we continue to have a positive outlook. We have laid down a strong capex program to accelerate the build out of our new products. Development of subsequent phases of Downtown, Chennai and Downtown, Gurugram totaling around 11 msf remains on track. Our ongoing projects, including Atrium Place in Gurugram and 3 retail malls, are expected to be completed soon with rents commencing in the next fiscal,” the company said in a statement.
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