DLF Posts ₹16.43 Billion Revenue, ₹11.8 Billion Profit in Q2 FY2025 Amid Mixed Market Signals

DLF Ltd., India’s largest listed real estate developer by market capitalization, released its Q2 FY2025 results showing a 15% year-on-year decline in net profit to ₹11.8 billion, down from ₹13.81 billion in the same quarter last year. However, the bottom-line performance beat market expectations, which had pegged profit at ₹8.85 billion. The company’s consolidated revenue from operations stood at ₹16.43 billion, missing the Street’s estimate of ₹20.21 billion and lower than last year’s ₹19.75 billion.

Despite softer revenue, DLF reported strong quarterly sales bookings of ₹43.32 billion, driven by the successful launch of its Mumbai project, The Westpark. The company also maintained a healthy net cash position of ₹77.17 billion and generated an operating cash surplus of ₹11.37 billion, underscoring its financial resilience.

Major takeaways and notable updates

• Q2 FY2025 revenue: ₹16.43 billion  
• Net profit: ₹11.8 billion (15% YoY decline)  
• Sales bookings: ₹43.32 billion, led by Mumbai launch  
• Net cash position: ₹77.17 billion  
• Operating cash surplus: ₹11.37 billion  
• Revenue miss attributed to slower sales momentum  

Sources: Zee Business, Financial Express, Moneycontrol