DLF Reports 19% Year-on-Year Growth in Q1 Net Profit at Rs 766 Crore
DLF Ltd, one of India’s leading real estate companies, has reported a 19% year-on-year increase in its consolidated net profit for the first quarter of the fiscal year, reaching Rs 766 crore. This strong financial performance is attributed to robust sales and an improvement in operational efficiencies.
During the April to June period, DLF also experienced a significant surge in its new sales bookings, which jumped by 78% to Rs 11,425 crore. The consolidated revenue for the quarter stood at Rs 2,981 crore, reflecting a substantial growth driven by higher demand in the housing sector.
The company’s EBITDA also showed healthy growth, supporting the overall profitability amid the positive market conditions. This growth is seen as a positive indicator of the real estate market’s resilience and DLF’s strong positioning within the industry.
Investors and market watchers will be keenly observing DLF’s performance in the coming quarters, especially as housing demand remains strong and sector-specific developments continue to unfold globally and domestically.