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DLF reported a 19% year-on-year increase in consolidated net profit for the June quarter of FY26, reaching INR 766 crore. New sales bookings surged 78% to INR 11,425 crore, primarily driven by high demand for the company's luxury project, DLF Privana North in Gurugram. Consolidated revenue rose to INR 2,981 crore, and the net cash balance improved to INR 7,980 crore. The company's commercial arm also recorded stable occupancy and a double-digit profit growth. DLF had ended the previous fiscal with record earnings and robust sales, indicating a sustained momentum in the premium housing segment.
DLF recorded a consolidated net profit of INR 766 crore for the June quarter of FY26, marking a 19% rise compared to the same period last year. The company's consolidated revenue for the quarter stood at INR 2,981 crore. New sales bookings saw a sharp increase of 78%, reaching INR 11,425 crore. This was led by a strong response to DLF Privana North, a luxury residential project launched in Gurugram. Advertisement
The company said it continued to focus on disciplined capital allocation and operating efficiency. As a result, its net cash balance rose to INR 7,980 crore by the end of the quarter.
DLF's commercial business arm, DLF Cyber City Developers Ltd (DCCDL), posted a revenue of INR 1,739 crore. The EBITDA for this segment grew by 14%, while net profit increased by 26%. The occupancy across the office portfolio remained stable at 94%.
However, there was a decline in gross margins. The company reported an increase of nearly 94% in operating expenses, largely due to a more than three-fold rise in land acquisition costs. Consequently, gross margins dropped to 28%, compared to 51% during the same quarter last year.
In the previous financial year, DLF had posted a 37% rise in its annual consolidated net profit to INR 1,268 crore, with record new bookings worth INR 21,223 crore.
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