Latest news with #DLFCyberCityDevelopersLimited
Hindustan Times
7 days ago
- Business
- Hindustan Times
DLF net profit rises by 19% to ₹766 crore in Q1FY26, new sales bookings up by 78% to ₹11,425 crore
Delhi-NCR-based listed real estate developer DLF Limited announced on August 4 that it reported a net profit of ₹766 crore in Q1FY26, 19% more than during the same period last year. The company's consolidated revenue stood at ₹2,981 crore. The company said in Q1FY26 its consolidated revenue of DLF Cyber City Developers Limited ('DCCDL') stood at ₹ 1,739 crore. (Picture for representational purposes only)(DLF) The company said its new sales bookings for the first quarter stood at ₹11,425 crore, a 78% increase compared to the same period last year. DLF attributed the new sales bookings to the encouraging response to its latest luxury launch, DLF Privana North in Gurugram. "Our disciplined capital management led to further strengthening of our balance sheet. Our business continues to generate a healthy cash surplus, leading to further improvement in our net cash position. Consequently, the net cash position further improved to ₹7,980 crore at the end of the quarter," the company said in a statement. According to the company, it remains enthused on the strong prospects of the housing demand backed by a resilient economy, growth-oriented policies of the government & central bank, increasing desire for home ownership, and strong preference towards large, credible and branded players. Also Read: DLF, Macrotech, IHC among India's most valuable real estate companies: Grohe-Hurun list "We stay committed and focused on leveraging these tailwinds to offer high-quality products," the company said. Also Read: DLF profit surges 39% in January-March quarter to touch ₹1282 cr; sales bookings up 44% to clock ₹21,223 cr in FY25 Annuity business performance The company said its annuity business remains steadfast towards its growth trajectory and delivered another period of steady and consistent growth. The company said in Q1FY26 its consolidated revenue of DLF Cyber City Developers Limited ('DCCDL') stood at ₹1,739 crore, EBITDA stood at ₹1,356 crore, reflecting a y-o-y growth of 14%; consolidated profit for the quarter stood at ₹593 crore, a y-o-y growth of 26%. "We continue to witness strong demand for our portfolio, leading to healthy occupancy levels at 94%. We commissioned an additional block of 1.1 million sq ft at DLF Downtown during the quarter, cementing our presence in the growing commercial market of Chennai," the company said in its statement. Also Read: DLF sells out Phase 1 of Mumbai debut project: 20% buyers are NRIs from Mumbai, penthouses sold for ₹70,000 per sq ft "We believe that our business is well poised to leverage this structural upcycle backed by a significant land bank having high embedded potential, a robust pipeline of new products across both development and rental business, a strong balance sheet and consistent cash flow generation. We remain committed to delivering consistent and profitable growth," the company statement added.
Time of India
20-05-2025
- Business
- Time of India
DLF reports net profit of Rs 1,268 crore, Y-o-Y growth of 37%
Rental income is expected to further grow with rent commencement of recently completed office block at DLF Downtown, Gurugram admeasuring approximately 2 msf,' the company said. Company's latest super-luxury offering - The Dahlias, received encouraging demand and generated Rs 13,744 crore in new sales bookings during the fiscal. This has resulted in the monetization of approximately 39% of the estimated total sales potential of this project within the first year of its launch. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New Delhi: DLF reported net profit of Rs 1,268 crore, reflecting Y-o-Y growth of 37% as it reported record new sales booking of Rs 21,223 crore during the latest super-luxury offering - The Dahlias, received encouraging demand and generated Rs 13,744 crore in new sales bookings during the has resulted in the monetization of approximately 39% of the estimated total sales potential of this project within the first year of its launch.'We also launched the next phase of our luxury project - DLF Privana West, which garnered strong interest and witnessed complete sell out within a few days of the soft launch clocking approximately Rs 5,600 crore of new sales bookings,' the company said in a the full year, DLF's consolidated revenue stood at Rs 8,996 crore while net profit stood at Rs 4,357 crore, reflecting Y-o-Y growth of 59%.For FY25 consolidated revenue of DLF Cyber City Developers Limited, company's rental arm stood at Rs 6,448 crore while EBITDA stood at Rs 4,949 crore, reflecting a y-o-y growth of 11%; consolidated profit for the year stood at Rs 2,461 crore, a y-o-y growth of 46%.'Occupancy levels across our rental portfolio saw gradual improvement and remained healthy at 94%. We expect sustained demand momentum across our annuity business and hence continue to judiciously invest towards growing our portfolio across geographies. Rental income is expected to further grow with rent commencement of recently completed office block at DLF Downtown, Gurugram admeasuring approximately 2 msf,' the company said.
