DLF Limited has unveiled ambitious growth plans, targeting ₹210 billion in annual pre-sales with a projected 20% year-on-year growth. The company aims to achieve this through an expanding launch pipeline across key markets including Mumbai Metropolitan Region (MMR), Gurgaon, and Chennai.

Rental Portfolio Expansion

DLF has set its sights on significant growth in its rental business. The company plans to expand its rental portfolio to 50 million square feet by the fiscal year 2027 (FY27). This expansion aligns with the company's strategy to boost its recurring income streams.

Financial Performance

The company reported strong financial results:

The robust net cash position of ₹7,700.00 crore provides DLF with a solid foundation to support dividend payments and fund new project expansions.

Credit Rating Upgrade

In a vote of confidence for DLF's financial health, CRISIL has upgraded the company's credit rating to AA+. This upgrade reflects the company's strong financial position and consistent business performance.

Q2FY26 Financial Highlights

DLF Limited has released its financial results for the second quarter of fiscal year 2026:

The company's net profit saw a significant quarter-on-quarter increase of 53%, rising to ₹1,171.00 crore in Q2FY26.

Dividend Declaration

In its 60th Annual General Meeting held on August 4, 2025, DLF declared a dividend of ₹6.00 per equity share (on a face value of ₹2.00 per share), amounting to a total payout of ₹1,485.19 crore.

DLF's strategic focus on expanding its development business while growing its rental portfolio demonstrates the company's commitment to balanced growth. With a strong cash position and upgraded credit rating, DLF appears well-positioned to execute its growth plans in the coming years.

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.