DLF Ltd reported a sharp rise in sales bookings to INR 15,757 crore for the April-September 2025 period, more than doubling from INR 7,094 crore a year earlier, driven by strong demand for premium and luxury housing in Gurugram and Mumbai. For FY26, DLF has maintained a sales target of INR 20,000-22,000 crore, reflecting its confidence in continued market strength. The developer's Q2 net profit stood at INR 1,180.09 crore, down 15% year-on-year, while revenue fell to INR 1,643.04 crore. New bookings during the quarter surged to INR 4,332 crore, led by the Westpark project in Mumbai. With a robust land bank and brand equity, DLF remains optimistic about sustained housing demand.
Realty major DLF Ltd reported a sharp increase in its sales bookings for the first six months of the current financial year, driven largely by sustained demand for premium and luxury housing projects in Gurugram and Mumbai. According to the company's latest investor presentation, DLF recorded sales bookings worth INR 15,757 crore during the April-September period, compared to INR 7,094 crore in the corresponding period of the previous year.
In the entire 2024-25 financial year, DLF had achieved a record INR 21,223 crore in sales bookings. For the ongoing fiscal, the company has maintained a guidance of achieving between INR 20,000 crore and INR 22,000 crore in bookings, reflecting its confidence in continued market demand and strong project performance.
The company's latest financial results showed that its consolidated net profit for the second quarter stood at INR 1,180.09 crore, marking a 15 % decline compared with INR 1,381.22 crore reported in the same quarter last year. Revenue from operations also saw a drop, reaching INR 1,643.04 crore from INR 1,975.02 crore in the year-ago period. Despite this fall, DLF's total income rose to INR 2,261.80 crore from INR 2,180.83 crore, supported by a growth in other income.
During the second quarter alone, the company's new sales bookings were INR 4,332 crore, significantly higher than INR 692 crore in the same period a year earlier. This growth was mainly driven by DLF's first project launch in Mumbai, The Westpark, which received strong buyer response, along with steady traction in its super-luxury housing segment.
DLF stated that the Indian housing market continues to be supported by a stable economy, a stronger preference for home ownership, and a growing inclination towards trusted and branded developers. The company mentioned that it will keep leveraging its existing high-quality land bank and introduce new projects in a calibrated manner to sustain the current growth momentum.
Over the years, DLF has developed more than 185 real estate projects, covering over 352 million square feet of space. The group also holds a development potential of about 280 million square feet across residential and commercial segments. The company operates primarily through two lines of business the development and sale of residential properties and the leasing of commercial and retail spaces, which form its annuity income segment.
Source PTI
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