DLF Q2 Results: Profit dips to Rs 1,171 crore but sales bookings stay robust – News Air Insight

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DLF reported a decline in net profit from Rs 1,381 crore during July-September last year to Rs 1,171 crore in the current financial year.

Company reported new sales bookings of Rs 4,332 crore, backed by the maiden launch in Mumbai – The Westpark and the continued healthy momentum in the super-luxury segment.

Cumulative new sales bookings for H1FY26 stood at Rs 15,757 crore, in-line with our annual guidance.

Company’s consolidated revenue stood at Rs 2,262 crore while net cash position at the end of the quarter stands at Rs 7,717 crore.

“We continue to focus on further strengthening of our balance sheetand cash flow generation. The net cash position stood at Rs 7,717crore at the end of the quarter, despite a higher dividend payout of Rs 1,485 crore and debt repayment of Rs 963 crore during the quarter,” the company said in a statement.


CRISIL upgraded DLF’s credit rating to AA+/Stable, reflecting the strong financial health and consistent business performance.“The housing sector continues to benefit from a resilient economy, increasing desire towards home ownership and growing demand for branded, credible developers. We continue to leverage our high-quality land bank by calibrating our new product offerings to leverage this sustained momentum in line with our guided trajectory,” the company said.During Q2FY26 consolidated revenue of DLF Cyber City Developers Limited (DCCDL), the rental arm of the company, stood at Rs 1,822 crore while EBITDA stood at Rs 1,412 crore, reflecting a y-o-y growth of 12%.

Consolidated profit for the quarter stood at Rs 643 crore, a y-o-y growth of 23%.

Two new assets were added to the annuity portfolio, 2.1 msf (first phase) at Atrium Place in Gurugram and .2 msf at DLF Midtown Plaza in Delhi

“Our operational annuity portfolio now stands at 49 msf, among the largest organically grown portfolios in India. On the backdrop of strong tailwinds coupled with a sizeable and identified product pipeline, we continue to implement a robust capex program to further grow our annuity portfolio over the medium term,” the firm said.



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