DLF Ltd Reports Q1 FY27 Net Profit of Rs 794 Crore

DLF Ltd reported a consolidated net profit of Rs 794 crore for the first quarter of FY27, marking a year-on-year increase of approximately 4%. The company generated consolidated revenue of Rs 1,605 crore for the quarter, with an EBITDA of Rs 476 crore and gross margins at 51%. Despite these gains, new sales bookings declined to Rs 657 crore as a result of deferred launches. The company's net cash position rose to Rs 15,200 crore.

DLF Ltd also saw significant growth in its rental arm, DLF Cyber City Developers Limited, which recorded consolidated revenue of Rs 1,917 crore and a net profit of Rs 717 crore, representing a 21% increase over the previous year.

To drive future growth, the company intends to expand its retail footprint this fiscal year. Plans include opening DLF Summit Plaza in Gurugram and DLF Promenade in Goa, following the commencement of operations at DLF Midtown Plaza in New Delhi.