DLF’s Q3 FY25 Net Profit Jumps by 61.46%

                Realty major DLF on Friday reported a 61 per 
cent year-on-year (Y-o-Y) increase in its 
consolidated net profit for the third quarter of 
the current financial year (Q3FY25) at Rs 
1,058.73 
crore, up from Rs 655.71 reported in Q3FY24.
DLF’s revenue from operations grew marginally 
by 0.5 per cent to Rs 1,528.7 crore in Q3FY25 
from Rs 1,521.2 crore reported in Q3FY24. 
 On a sequential basis, the Gurugram-based 
realtor’s net profit fell by 23 per cent and 
revenue by 22 per cent from Rs 1,381.2 crore 
and Rs 1,975 crore recorded in Q2FY25, 
respectively.
The net profit growth can be attributed to the 
company’s performance in development and 
rental businesses.
DLF stated that its development business 
continued its growth trajectory in the ongoing 
quarter, after delivering record new sales 
bookings of Rs 12,093 crore in Q3FY25.
“Our latest super luxury offering, The Dahlias in 
DLF 5, Gurugram, performed exceptionally well, 
garnering Rs 11,816 crore of new bookings in 
the opening quarter,” the company added.
The company added that the overwhelming 
response to its new offering has resulted in the 
company surpassing its annual guidance.
For its rental business, DLF said that 
development of subsequent phases of 
Downtown, Chennai, and Downtown, 
Gurugram, totalling around 11 million square 
feet (msf) remains on 
track. “Our ongoing projects, including Atrium 
Place in Gurugram and three retail malls are 
expected to be completed soon with rents 
commencing in the next financial year,” it 
added.
The operating cash surplus generated during 
Q3FY25 was Rs 1,850 crore. Consequently, the 
net cash position stood at Rs 4,534 crore at 
the end of the period.
The company posted its results after market 
hours. On Friday, DLF’s stock fell by 2.80 per 
cent, ending the day’s trade at Rs 695.05 
apiece on the BSE.
  
Source : Business Standard