DLF LIMITED

DLF Limited reported a resilient performance in Q1 FY27, with overall collections of INR 2,406 crores and strong operating cash flow exceeding INR 1,300 crores. The company maintained a net cash position of INR 15,200 crores, with significant funds in RERA escrow accounts. New sales bookings for the quarter were INR 657 crores, impacted by the deferment of the Aureva launch. The rental portfolio operated at over 95% occupancy, contributing to revenue of INR 1,605 crores and an EBITDA of INR 476 crores. Net profit increased to INR 794 crores from INR 766 crores year-over-year. Management highlighted the potential for significant gross margin growth in FY28 and reported strong performance in the rental business, with a consolidated revenue of INR 1,917 crores for DCCDL, reflecting a 10% year-over-year growth. The company also discussed ongoing projects and future launches, including the anticipated opening of new malls and residential developments.

Management emphasized strong financial performance and growth potential.