DLF stock: Q2 profit rises as revenue falls, bookings rebound
Published on 11/03/2026 at 03:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDLF results reshape the outlook
- Profit improved despite a contraction in operating revenue during the September quarter.
- Strong bookings, rental income and net cash support DLF's development pipeline.
DLF reported stronger profit but weaker operating revenue for the quarter ended September 2026, according to Business Standard. Consolidated net profit rose 11.1 percent year on year to INR 1,301.35 crore, while revenue from operations fell 23.3 percent to INR 1,260.58 crore.
Profit rises as revenue contracts
Net profit increased from INR 1,171 crore in the year-ago quarter and rose 63.9 percent from Q1 FY27. EBITDA increased 17.5 percent year on year to INR 1,060 crore, according to the report.
New sales bookings climbed 478.7 percent from the preceding quarter to INR 3,800 crore. Business Standard also reported that DLF's Aureva project was completely sold out, highlighting continued demand for selected premium developments.
Cash position supports expansion
Operating cash flow improved 41.2 percent from the previous quarter to INR 1,858 crore. DLF's net cash position stood at INR 15,084 crore after a dividend outflow of INR 1,980 crore.
The company's rental portfolio spans approximately 50 million square feet, providing a recurring-income component alongside its development operations. The combination of bookings and liquidity remains important as DLF advances its project pipeline, while the decline in operating revenue keeps execution and revenue recognition in focus.
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DLF Limited at a glance
- Company: DLF Limited
- ISIN: INE271C01023
- Reporting period: Second quarter of FY27, ended September 2026
- Net profit: INR 1,301.35 crore
- Revenue from operations: INR 1,260.58 crore
- New sales bookings: INR 3,800 crore
