DLF Limited , one of India's leading real estate developers, has announced its financial results for the second quarter of fiscal year 2026, showcasing robust performance across various metrics.

Financial Highlights

DLF Limited reported a significant increase in net profit, rising to ₹1,180.09 crores compared to ₹314.81 crores in the previous quarter. Revenue from operations also saw growth, reaching ₹1,690.85 crores versus ₹1,477.60 crores in the prior quarter.

Exceptional Income and Dividend

The company reversed a previously charged impairment loss of ₹235.19 crores, which was recognized as exceptional income. This reversal followed a consent award settlement with Twenty Five Downtown Reality Limited (formerly Joyous Housing Limited). As part of the settlement:

• DLF received ₹251.10 crores from the total settlement amount of ₹801 crores
• The balance is secured by mortgage over residential real estate units

DLF declared a dividend of ₹6 per equity share, amounting to a total payout of ₹1,485.19 crores.

Legal Matters

DLF continues to face several ongoing legal challenges:

1. A ₹630 crores penalty from the Competition Commission of India, currently under appeal at the Supreme Court
2. Land cancellation cases related to IT SEZ projects
3. SEBI restrictions that were overturned by the Securities Appellate Tribunal but remain under Supreme Court review

Sales Performance

DLF reported strong sales bookings for the quarter:

• New sales bookings: ₹4,332.00 crore
• Cumulative new sales bookings for H1FY26: ₹15,757.00 crore

The sales figures were driven by the maiden launch of 'The Westpark' project in Mumbai and continued momentum in the super-luxury segment.

Financial Position

Despite significant outflows, DLF maintained a strong financial position:

• Net cash position: ₹7,717.00 crore
• Dividend payout during the quarter: ₹1,485.00 crore
• Debt repayment: ₹963.00 crore

CRISIL upgraded DLF's credit rating to AA/Stable.

Annuity Business Performance

DLF Cyber City Developers Limited, the company's annuity business subsidiary, reported growth:

Portfolio Expansion

DLF added two new assets to its annuity portfolio:

• Total addition: 2.3 million square feet
• Operational annuity portfolio now stands at 49 million square feet

This expansion further strengthens DLF's position in the commercial real estate sector.

DLF Limited 's material subsidiary, DLF Cyber City Developers Limited (DCCDL), has successfully raised ₹1,100 crore through the issuance of Non-Convertible Debentures (NCDs) at a competitive interest rate of 6.91%. This strategic move highlights the company's proactive approach to capital management and its ability to secure favorable financing terms in the current market environment.

NCD Issuance Details

The Securities Allotment Committee of DCCDL's Board of Directors has approved the allotment of 1,10,000 NCDs, each with a face value of ₹1,00,000. Key features of the NCD issuance include:

Significance of the Fundraising

This substantial fundraising effort by DCCDL, a High Value Debt Listed Entity, demonstrates the company's strong financial position and creditworthiness in the market. The competitive interest rate of 6.91% suggests investor confidence in DCCDL's business model and future prospects.

Regulatory Compliance

In adherence to regulatory requirements, DLF Limited has promptly disclosed this development to the stock exchanges. The company has emphasized that DCCDL has already made the requisite disclosure to BSE Limited, where its NCDs are listed.

DLF Limited Trading Window Closure

In a separate but related announcement, DLF Limited has informed the stock exchanges about the closure of its trading window. Key points include:

• Closure Period: From 1st October 2025 until 48 hours after the declaration of financial results for the quarter and half-year ending 30th September 2025
• Applicable to: All Designated Persons, their immediate relatives, and individuals with whom they have a material financial relationship
• Restriction: No dealing or trading in the company's securities during the closure period

This trading window closure is in compliance with DLF's Code of Conduct and SEBI regulations, ensuring fair trading practices and preventing insider trading.

The successful NCD issuance by DCCDL, coupled with DLF Limited's proactive regulatory compliance, underscores the group's commitment to transparent operations and robust financial management. These developments are likely to be viewed positively by investors and stakeholders in the real estate sector.