DLF Q1 profit up 4% at ₹794 cr; revenue declines 46%, pre-sales plunge 94%

DLF Ltd reported consolidated net profit of ₹793.90 crore for Q1 FY27, up 4% from ₹762.67 crore in the year-ago quarter.

Total income declined to ₹1,605.56 crore from ₹2,980.88 crore, while sales bookings plunged to ₹657 crore from ₹11,425 crore year-on-year.

DLF attributed the pre-sales decline to deferred launches of housing projects.

Share of profit from associates and joint ventures rose to ₹485.83 crore from ₹380.55 crore, which offset the income fall.

DLF's net cash position improved to ₹15,200 crore, and its rental portfolio of about 50 million sq ft maintained 95% occupancy.