Financial Performance - DLF Limited (Consolidated)

DLF Limited reported strong financial results for the second quarter of fiscal year 2027 (Q2FY27). The company demonstrated resilient demand, disciplined execution, and robust cash generation.

Key Financial Metrics:

  • Consolidated Revenue: ₹2,298 crore
  • Gross Margins: 47%
  • EBITDA: ₹1,060 crore
  • Net Profit: ₹1,301 crore (11% year-on-year growth)
  • Operating Cash Flow: ₹1,858 crore

Financial Performance - DLF Cyber City Developers Limited (Consolidated)

The rental subsidiary also showed strong performance:

  • Consolidated Revenue: ₹2,014 crore
  • EBITDA: ₹1,537 crore (9% year-on-year growth)
  • Net Profit: ₹752 crore (17% year-on-year growth)

Operational Highlights

Sales Performance:

  • New sales bookings stood at ₹3,800 crore during the quarter
  • The Aureva in Gurugram, DLF's curated luxury retirement housing address, witnessed a complete sell-out
  • The super-luxury offering - The Dahlias, continues to attract strong demand from discerning customers

Cash Flow and Balance Sheet:

  • Operating cash flow of ₹1,858 crore marked another quarter of sustained cash generation
  • Net cash position stood at ₹15,084 crore despite a significant dividend outflow of ₹1,980 crore

Rental Portfolio:

  • Rental portfolio spans approximately 50 million square feet (msf)
  • Continues to demonstrate robust operating strength with industry-leading occupancy
  • Strong operational portfolio with marquee destinations currently under development
  • Identified pipeline has laid down a strong foundation for steady and sustainable long-term growth

Business Overview and Positioning

DLF has close to eight decades of track record and is India's leading real estate developer. The company has:

  • Developed more than 185 real estate projects
  • Developed area more than 352 million square feet (approx.)
  • 275 msf (approx.) of development potential across residential and commercial segments
  • Annuity portfolio of 50 msf (approx.)

The group is primarily engaged in two business segments:

1. Development and sale of residential properties (Development Business)

2. Development and leasing of commercial and retail properties (Annuity Business)

Strategic Position

With a significant land bank, robust launch pipeline across development and rental businesses, strengthened balance sheet, and consistent cash flow generation, DLF is well positioned to capitalize on the structural upcycle in the sector. The company remains focused on delivering sustained, profitable growth and long-term value for all stakeholders.