DLF Q2 FY26 Profit Dips 15%, Sales Surge 6x to Rs. 4,332 Cr

DLF, a real estate developer in Delhi-NCR territory, announced consolidated net profit dropped nearly 15 percent to Rs. 1,180.09 crore for the second quarter of FY26, from Rs. 1,381 crore in the corresponding period of the previous year from decreased revenue from operation. However, the company’s sales bookings increased six times to Rs. 4,332 crore with strong demand from the successful first launch project in Mumbai.

The company’s revenue from operations decreased to about 20 percent in Q2 FY26 to Rs. 1,643.04 crore during July-September quarter of the current fiscal year compared to Rs. 1,975.02 crore for the same quarter last year.

Key Highlights

• DLF reports Rs. 1,180 crore net profit in Q2 FY26, marking a 15 percent year-on-year decline.
• Company’s sales surge six-fold to Rs. 4,332 crore, fueled by strong demand for its Mumbai project.
• Robust real estate demand continues to drive DLF’s growth momentum across key markets.

For Q2, the company reported, total income, however, rose to Rs. 2,261.80 crore from Rs. 2,180.83 crore during the same quarter last year.

According to the DLF's statement, its sales bookings for the second quarter were Rs. 4,332 crore, primarily driven by the successful launch of its first project, The Westpark, in Mumbai, and the steep demand for its continued momentum in the ultra-luxury segment.

The company's sales bookings for the same quarter last year were Rs. 692 crore.

"We continue to focus on further strengthening of our balance sheet and cash flow generation. The net cash position stood at Rs. 7,717 crore at the end of the quarter, despite a higher dividend payout of Rs. 1,485 crore and debt repayment of Rs. 963 crore during the (September) quarter," the real estate firm said.