DLF reports strong Q3 results, surpasses annual guidance
Shares of DLF rose 2.58 per cent to ₹712.95 on the BSE at 11.44 AM on Monday, after the company reported a consolidated net profit of ₹1,738 crore on January 25 for the quarter ended on December 31, 2024.
DLF Limited announced a strong financial performance for the third quarter of the fiscal year 2025 in that its gross margins rose 52 per cent.
Net profit of the company stood at ₹ 1,055 crore while net cash position of the DLF stood at ₹4,534 crore.
The company has achieved a new sales booking of ₹12,093 crore during the quarter. Notably, The Dahlias in DLF 5, Gurugram, the company’s latest super-luxury offering, generated exceptional demand, contributing ₹11,816 crore to the quarter’s bookings. This overwhelming response has led DLF to surpass its annual earnings guidance.
Cumulative new sales bookings for the first nine months of FY25 reached ₹19,187 crore.
DLF Cyber City Developers Limited (DCCDL) also reported a strong quarter. Consolidated revenue for Q3FY25 stood at ₹1,609 crore, reflecting a year-over-year growth of 9 per cent. Consolidated profit for the quarter reached ₹941 crore, demonstrating a significant 117 per cent growth compared to the same period last year.
DLF’s operating cash flow remained robust, generating ₹1,850 crore during the quarter. This strong cash generation further strengthened the company’s financial position, with the net cash position improving to ₹4,534 crore at the end of the period.
