DLF's Q1 consolidated net earnings escalate by 19%, reaching ₹766 crores
Real estate major DLF Ltd has announced its financial results for the first quarter of the current fiscal year, showing a robust performance across various key indicators.
In a statement to the bourses, the company reported a consolidated net profit of approximately Rs 763–766 crore for Q1 FY25-26, marking an 18-19% year-on-year increase compared to around Rs 646 crore in Q1 FY25. This growth is particularly noteworthy, given the strong sales performance, notably from its luxury residential project DLF Privana North.
Revenue from operations nearly doubled to around Rs 2,717–2,981 crore, up approximately 95-99% year-on-year. This significant increase in revenue underscores the company's operational strength and the resilient demand in its portfolio, resulting in healthy occupancy levels at 94%.
The EBITDA for the quarter stood at Rs 628 crore, showing a modest year-on-year growth of about 5%. However, the EBITDA margin declined to 21% from 34% the previous year, indicating some margin pressure despite higher revenues.
Despite this margin pressure, DLF managed to achieve a net cash surplus generation of Rs 1,131 crore during the quarter. The overall net cash position has strengthened significantly to about Rs 7,980 crore, thanks to healthy collections (Rs 2,794 crore) and disciplined capital management. Net debt is nearly zero or very low at Rs 56 crore, highlighting a strong liquidity profile.
New sales bookings surged 78% year-on-year, hitting Rs 11,425 crore in the quarter, underscoring the robust demand in DLF's residential segment.
In addition to its strong performance, DLF's joint venture with GIC (DCCDL) focused on commercial properties showed a net profit rise to Rs 593 crore in Q1, with a net debt level of Rs 17,287 crore at the JV level.
The company remains optimistic about the housing market outlook, supported by a resilient economy and government policy support.
This strong financial performance by DLF Ltd in Q1 FY25-26 underscores the company's operational strength, prudent financial management, and its ability to navigate market challenges effectively. The company's focus on delivering high-quality projects and maintaining healthy cash reserves positions it well for future growth opportunities.
This article was published on August 4, 2025.
- DLF Ltd, a major player in real estate, reported a consolidated net profit of approximately Rs 763–766 crore for Q1 FY25-26, signifying a 18-19% year-on-year increase, with strong sales performance from its luxury residential project DLF Privana North.
- Revenue from operations nearly doubled to around Rs 2,717–2,981 crore for Q1, resulting in a significant 95-99% year-on-year increase, demonstrating the company's operational strength and resilient demand in its portfolio.
- Despite a decline in the EBITDA margin, DLF achieved a net cash surplus generation of Rs 1,131 crore during the quarter, reflecting healthy collections, disciplined capital management, and a strengthened net cash position of about Rs 7,980 crore.
- New sales bookings surged 78% year-on-year, hitting Rs 11,425 crore in the quarter, pointing to robust demand in DLF's residential segment.
- In the commercial properties sector, DLF's joint venture with GIC (DCCDL) reported a net profit rise to Rs 593 crore in Q1, with a net debt level of Rs 17,287 crore at the JV level.
- Supported by a resilient economy and government policy, DLF remains optimistic about the housing market outlook moving forward, positioning the company well for future growth opportunities in both the residential and commercial sectors.
