DLF Reports Flat Q4 Net Profit of ₹1,265 Crore Amid 42% Revenue Decline
DLF Q4 Results: Net profit flat at ₹1,265 crore, revenue falls 42% YoY; ₹8 dividend announced
Mint
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DLF, a leading Indian real estate developer, reported a flat net profit of ₹1,265 crore for Q4 FY26, despite a 42% year-on-year revenue decline to ₹1,814 crore. The company announced an ₹8 dividend per share and highlighted its strong rental portfolio and future growth potential.
- 01DLF's Q4 FY26 net profit remained flat at ₹1,265 crore.
- 02Revenue from operations fell 42% year-on-year to ₹1,814 crore.
- 03The company announced a dividend of ₹8 per share for FY26.
- 04New sales bookings for FY26 were ₹20,143 crore, lower than the previous year.
- 05DLF's rental portfolio operates at a high occupancy rate of 95%.
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DLF, one of India's prominent real estate developers, released its financial results for the March quarter and the full financial year FY26 on May 13. The company reported a net profit of ₹1,265 crore, which is flat compared to the previous year but shows a 5% sequential increase. Revenue from operations for Q4 FY26 was ₹1,814 crore, reflecting a significant 42% year-on-year decline from ₹3,128 crore in Q4 FY25, although it marked a 10.2% sequential growth. For the entire fiscal year, DLF's revenue reached ₹8,552 crore, a 7% increase from ₹7,994 crore in FY25, with a net profit of ₹4,408 crore compared to ₹4,357 crore the previous year. The company also reported new sales bookings of ₹20,143 crore for FY26, which fell short of the ₹21,223 crore recorded in FY25. DLF's rental business boasts a portfolio of around 50 million sq ft with a high occupancy rate of 95%. The company announced a dividend of ₹8 per equity share, pending shareholder approval. Despite a challenging stock market environment, DLF aims to leverage its substantial land bank and development potential to drive future growth.
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The decline in revenue may affect DLF's ability to invest in new projects, potentially impacting job creation and housing availability in the real estate sector.
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