On August 4, 2025, DLF Limited, a major real estate company, shared its financial results for the first quarter (April–June 2025) of FY26. Net profit fell sharply by 40.53% to Rs 762.67 crore from Rs 1,282.2 crore in the previous quarter (January–March 2025). Revenue from operations also dropped 13.12% to Rs 2,716.7 crore from Rs 3,127.58 crore. Total income was down 10.96% to Rs 2,980.88 crore from Rs 3,347.77 crore, while expenses went up 7.43% to Rs 2,465.58 crore, according to the company’s stock exchange filing.
Ouch, a 40% profit drop? That’s a tough quarter!
Strong Growth Compared to Last Year
Despite the quarterly dip, DLF did better than the same period last year (April–June 2024). Net profit rose 18% from Rs 644.67 crore, and total income jumped from Rs 1,729.82 crore. Sales bookings were the real star, soaring 78% to Rs 11,425 crore from Rs 6,421 crore, thanks to huge demand for DLF’s new luxury housing project, DLF Privana North, in Gurugram. The company said its strong brand and great work made this possible.
Sales up 78%? That’s a huge win for DLF!
Why It Happened
DLF said people want fancy homes, and India’s strong economy, good government policies, and growing wish to own homes are helping. Their new luxury project in Gurugram sold like hotcakes, showing buyers trust big names like DLF. But higher costs, like building materials or labor, cut into profits this quarter, with the EBITDA margin dropping to 13.4% from 16.8% last year. Still, DLF’s net cash position stayed strong at Rs 7,980 crore, showing they’re managing money well.
Luxury homes selling fast? People really want those fancy houses!
DLF’s Big Plans
DLF is excited about the future. They’ve built over 185 projects covering 352 million square feet and have 280 million square feet more to develop for homes and offices. Their rental business, with 45 million square feet, brings in steady cash. They plan to launch new projects in Mumbai and Gurugram soon, plus the second phase of their super-luxury project, The Dahlias, in November–December 2025. They aim for Rs 20,000–22,000 crore in sales for FY26, after hitting Rs 21,223 crore last year.
New projects and big sales goals? DLF’s thinking big!
Why It Matters
DLF’s results show India’s real estate is booming, especially for luxury homes, like the NCS portal’s 2 million jobs or India’s cricket win at The Oval. Even with a profit dip, their huge sales bookings and cash pile mean they’re ready for growth. An X post from @BusinessToday_in said, “DLF Q1 FY26: Profit up 19% YoY to Rs 766 crore, bookings jump 78% to Rs 11,425 crore!” If you’re into real estate, what do you think of DLF’s plans? Tell me