CALCULATE YOUR SIP RETURNS

DLF Share Price Rises 3.67%; Achieves ₹1,738 Crore Revenue in Q3 FY25

Written by: Nikitha DeviUpdated on: Jan 27, 2025, 4:54 PM IST
DLF reported its Q3 FY25 Revenue of ₹1,738 crore, net profit ₹1,055 crore, record sales bookings ₹12,093 crore, strong rental growth via DCCDL, net cash ₹4,534 crore.
DLF Share Price Rises 3.67%; Achieves ₹1,738 Crore Revenue in Q3 FY25
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

DLF Limited has reported its financial results for Q3 FY25.

Post the announcement, on January 27, 2025, DLF share price opened at ₹696.50, almost the same as its previous close of ₹695.25. At 9:55 AM, the share price of DLF was trading at ₹720.75, up by 3.67% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s consolidated revenue for the quarter stood at ₹1,738 crore, with gross margins of 52%. Net profit for the period came in at ₹1,055 crore. Additionally, DLF recorded record-breaking new sales bookings of ₹12,093 crore during the quarter.

The company stated that the development business was a major contributor to the quarter’s performance. The super luxury project The Dahlias in DLF 5, Gurugram, garnered ₹11,816 crore in new bookings, demonstrating significant demand for premium real estate.

This exceptional performance allowed DLF to surpass its annual guidance, with total new sales bookings for the first nine months of FY25 reaching ₹19,187 crore. Operating cash surplus for the quarter amounted to ₹1,850 crore, boosting the company’s net cash position to ₹4,534 crore.

They added that DLF’s rental arm, DLF Cyber City Developers Limited (DCCDL), also delivered a strong performance. The subsidiary reported consolidated revenue of ₹1,609 crore, reflecting a 9% year-on-year (YoY) growth, while consolidated profit rose by 117% YoY to ₹941 crore. The rental business has shown steady growth, supported by a robust capex program aimed at accelerating the development of new projects. Key projects like Downtown Chennai and Downtown Gurugram, spanning approximately 11 million square feet, are progressing as planned.

Future Outlook

Looking ahead, DLF remains optimistic about leveraging the structural upcycle in the real estate sector. With a significant land bank, a pipeline of promising projects, a strong balance sheet, and consistent cash flow generation, the company is well-positioned to sustain its growth trajectory. Projects like Atrium Place in Gurugram and three retail malls are expected to be completed soon, with rental income commencing in the next fiscal year.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 27, 2025, 11:09 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers