Delhi NCR-based listed real estate developer DLF Ltd on May 19 reported a 59 percent year-on-year (YoY) jump in its consolidated net profit at Rs 4,357 crore, the company said on May 19 while announcing results for the quarter ended March 31, 2025.
DLF also surpassed its annual guidance of Rs 17,000 crore as the company clocked new sales bookings of Rs 21,223 crore, marking a year-on-year growth of 44 percent.
India's largest realty firm DLF's consolidated revenue surged around 44.5 percent YoY to Rs 3347 crore in the January-March 2025 quarter as compared to Rs 2316.70 crore in Q4FY24. The company's consolidated income for the entire FY25 stood at Rs 8,996 crore, up 29.28 percent from FY24 earnings of Rs 6,958 crore, the company said.
The company's gross margins for Q4FY25 stood at 47 percent while for the entire FY25 it was 48 percent. DLF's consolidated EBITDA for FY25 stood at Rs 3,111 crore while it was Rs 1,198 crore for Q4FY25.
DLF witnessed record net cash surplus generation of Rs 5,302 crore in FY25. Consequently, DLF's net cash position at the fiscal end further improved to Rs 6,848 crore, the company said.
DLF in its board meeting has also recommended a dividend of Rs 6 per share for shareholders’ approval. This payout would signify a YoY growth of 20 percent in the dividend compared to the previous year.
"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, strong balance sheet and consistent cash flow generation. We remain committed to deliver consistent and profitable growth," the company said in a statement.
The company said that its 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 monetisation of approximately 39 percent of the estimated total sales potential of this project within the first year of its launch," the realty major said.
The company also said that it has launched the next phase of its luxury project - DLF Privana West, which witnessed complete sell out within a few days of the soft launch clocking approximately Rs 5,600 crore of new sales bookings.
In the previous quarter DLF had reported a 62 percent YoY jump in its consolidated net profit at Rs 1,055 crore for the quarter ended December 31, 2024.
The realty major in January 2025 had informed the exchange that for Q3FY25 its consolidated revenue had surged around 6 percent YoY to Rs 1,737.41 crore as compared to Rs 1643.51 crore in Q3FY24.
The company said that its annuity business delivered another period of steady and consistent growth.
"FY25 consolidated revenue of DLF Cyber City Developers Limited (DCCDL) stood at Rs 6,448 crore; EBITDA stood at Rs 4,949 crore, reflecting a y-o-y growth of 11 percent. Consolidated profit for the year stood at Rs 2,461 crore, a y-o-y growth of 46 percent," the company said.
DLF said that the occupancy levels across its rental portfolio saw gradual improvement and remained healthy at 94 percent. It said that the rental income is expected to further grow with rent commencement of recently completed office block at DLF Downtown, Gurugram admeasuring approximately 2 msf.
On May 19, DLF's shares on BSE closed 3 percent higher at Rs 737.40 apiece.
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