DLF Ltd.'s net profit surged 18% during the quarter ended June for the current financial year.
The real estate developer's bottom line grew to Rs 763 crore for the first quarter, compared to Rs 646 crore for the same period last year, according to an exchange filing on Monday.
DLF Q1 FY26 Highlights (Consolidated, YoY)
Net profit up 18% at Rs 763 crore versus Rs 646 crore.
Revenue up 99.4% at Rs 2,717 crore versus Rs 1,362 crore.
Margin at 13.4% versus 16.8%.
Ebitda up 59.3% at Rs 364 crore versus Rs 229 crore.
Shares of DLF closed 1.99% higher at Rs 792.85 apiece on the NSE, compared to a 0.64% rise in the benchmark Nifty. The stock has fallen 2.14% in the last 12 months and 3.89% on a year-to-date basis.
Out of 24 analysts tracking the company, 22 have a 'buy' rating on the stock and two recommends hold', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 20.2%.
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