Summary: DLF Limited reported robust growth in Q1FY26 with ₹2,981 crore revenue and ₹766 crore net profit. Strong sales bookings and annuity business supported performance. Despite solid results, shares fell 1.53% to ₹780.50 following the earnings announcement.
India’s stock market opened flat on Tuesday as investor sentiment turned cautious after U.S. President Trump threatened higher tariffs on Indian goods over Russian oil imports.
At 9:15 a.m., the Nifty 50 was down 0.01% and the Sensex fell 0.09%. In response, India dismissed the remarks as “unjustified” and reiterated its commitment to protecting national economic interests.
DLF Limited announced its financial results for the first quarter of fiscal year 2026 (Q1FY26) on August 4, 2025. The company reported sustained growth across all operational parameters during this period.
For Q1FY26, DLF Limited (Consolidated) achieved a consolidated revenue of ₹2,981 crore, jumping 72% on a year-on-year basis. The company's EBITDA stood at ₹628 crore. A significant highlight was the Net Profit, which reached ₹766 crore, reflecting a robust 19% year-on-year growth. Furthermore, DLF's net cash position improved to ₹7,980 crore by the end of the quarter, indicating disciplined capital management and healthy cash surplus generation.
New sales bookings for the first quarter were exceptionally strong, reaching ₹11,425 crore, which represents a remarkable 78% year-on-year growth. This performance was significantly boosted by the encouraging response to their latest luxury launch, DLF Privana North, which reaffirmed sustained demand for high-quality developments backed by a strong brand and superior execution capabilities.
The company noted that while underlying business performance continues to exhibit strong growth, reported figures will reflect these trends over time due to prescribed accounting methodology. DLF remains optimistic about the strong prospects of housing demand, driven by a resilient economy, growth-oriented government and central bank policies, increasing desire for home ownership, and a strong preference for large, credible, and branded players.
The annuity business also showed steadfast growth. DLF Cyber City Developers Limited (DCCDL) reported a consolidated revenue of ₹1,739 crore for Q1FY26. DCCDL's EBITDA stood at ₹1,356 crore, demonstrating a 14% year-on-year growth, and its consolidated profit for the quarter was Rs 593 crore, marking a 26% year-on-year growth. The company continues to experience strong demand across its portfolio, maintaining healthy occupancy levels at 94%. During the quarter, DLF commissioned an additional block of approximately 1.1 million square feet (msf) at DLF Downtown in Chennai, solidifying its presence in Chennai's growing commercial market.
DLF is committed to the swift execution of its upcoming retail destinations, which are expected to further enhance its well-established annuity portfolio offerings. The company believes it is well-positioned to leverage the current structural upcycle, supported by a significant land bank with high embedded potential, a robust pipeline of new products in both development and rental businesses, a strong balance sheet, and consistent cash flow generation.
On Tuesday, the DLF share price slipped by over 2.8% post the first quarter results. As of 10:45 am, the stock was trading at ₹780.50 per share, down by 1.53%.
Disclaimer: The article is for informational purposes only and not an investment advice.
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