
Follow WOWNEWS 24x7 on:
Updated: May 19, 2025 21:16
Real estate major DLF Ltd reported a robust performance in the fourth quarter of FY25, well ahead of market expectations. The company reported a consolidated revenue from operations of ₹31.28 billion, significantly higher than the IBES estimate of ₹23.6 billion. Net profit for the quarter rose to ₹12.82 billion, well ahead of the estimated ₹7.07 billion.
This strong growth echoes strong demand in its real estate business, especially in DLF's core markets. The company's strong performance was fueled by healthy sales traction and better operational efficiencies, reaffirming its status as India's largest real estate player in terms of market capitalization.
In an attempt to express gratitude to shareholders, DLF Board has suggested a final dividend of ₹6 a share for the March 2025 quarter. The move follows as the entire realty sector also rallies, with DLF shares trading higher ahead of the results.
The analysts note that DLF's performance in this quarter not only reflects its operational prowess but also suggests persistent optimism in the Indian realty sector. Having a robust project pipeline and strategic emphasis on high-demanding areas, DLF is poised for persistent growth in the next quarters.
Source: Moneycontrol