DLF Ltd, a prominent real estate developer based in Gurugram, India, reported a 5% year-on-year decline in sales bookings for fiscal year 2026, totaling ₹20,143 crore compared to ₹21,223 crore in FY25. Despite this decrease, DLF successfully met its sales guidance of ₹20,000-22,000 crore. The company's net profit saw a modest increase of 1%, reaching ₹4,408.34 crore, while revenue from operations grew by 2.5% to ₹8,194.02 crore. Significant contributions to sales came from key projects, including the luxury development Privana North in Gurugram, which achieved bookings exceeding ₹11,000 crore, and DLF Westpark, the company's first project in Mumbai, with sales of ₹2,300 crore. The Dahlias, an ultra-luxury project in Gurugram, also performed well with bookings around ₹4,800 crore. DLF ended the fiscal year with a strong balance sheet, reporting zero gross debt in its development business and a net cash surplus of ₹14,155 crore. However, in the January-March quarter, DLF faced challenges, with net profit dropping 2.3% to ₹1,265 crore and revenue from operations falling 42% to ₹1,814 crore. The overall residential market remains competitive, with DLF and its peers, including Godrej Properties, Prestige Estates, and Lodha Developers, collectively achieving a milestone of ₹1.05 trillion in residential sales bookings for FY26, marking the strongest year for branded developers.