DLF Limited, India’s leading real estate developer, announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25) on January 24, 2025. The company reported a significant increase in net profit, driven by robust sales in its luxury housing segment.
Key Financial Highlights:
- Net Profit: DLF’s consolidated net profit for Q3 FY25 rose by 61% year-over-year to ₹1,058.73 crore, up from ₹655.71 crore in the same period last year. business-standard.com
- Total Income: The company’s total income increased to ₹1,737.47 crore in Q3 FY25, compared to ₹1,643.51 crore in the corresponding quarter of the previous fiscal year. business-standard.com
- Revenue from Operations: Revenue from operations stood at ₹1,529 crore, showing a marginal increase from ₹1,521 crore in the year-ago period. The Economic Times
Sales Bookings:
DLF achieved record sales bookings, particularly in its luxury housing projects. The company reported an all-time high in sales bookings of ₹12,093 crore, driven by strong demand in the luxury segment.
Notable Project Success:
A significant contributor to this performance was “The Dahlias,” a super luxury residential project in Gurugram. Within nine weeks, DLF secured bookings worth approximately $1.4 billion (around ₹11,900 crore) for this project, marking the first time a single project has surpassed ₹10,000 crore in sales in a single quarter.
Nine-Month Performance:
For the April to December 2024 period, DLF’s net profit rose to ₹3,084.62 crore from ₹1,803.71 crore in the same period of the previous fiscal year. Total income for this nine-month period increased to ₹5,648.12 crore, up from ₹4,641.64 crore year-over-year.
Market Reaction:
Following the earnings announcement, DLF’s share price declined by 2.8%, closing at ₹695.05 per share on the BSE. The company’s market capitalization stood at ₹1,72,046.54 crore.
DLF’s strong financial performance in Q3 FY25 underscores its leading position in India’s luxury real estate market and reflects the growing demand for high-end residential properties.
