DLF Q3 Results: Pre-Sales Up 34%, Exceeds Annual Guidance
Margin narrows to 26.2% versus 33.6% in the year-ago period.
Real estate major DLF Ltd.'s consolidated net profit increased 61% year-on-year to Rs 1,059 crore in the quarter ended December, according to an exchange filing on Friday.
DLF Q3 FY25 Results Highlights (Consolidated, YoY)
Revenue up 0.5% to Rs 1,529 crore versus Rs 1,521 crore.
Ebitda down 22% to Rs 400 crore versus Rs 511 crore.
Margin narrowed to 26.2% versus 33.6%.
Net profit up 61% to Rs 1,059 crore versus Rs 657 crore.
Key Operational Highlights
New Sales Bookings up 33.67% at Rs 12,093 crore versus Rs 9,047 crore in Q3FY25
Collections up 23.84% at Rs 3,116 crore versus Rs 2,516 crore in Q3FY25
In Q3 FY25, the company delivered new sales bookings of Rs 12,093 crore. This was a result of the company's super-luxury offering, The Dahlias in DLF 5, Gurugram, which garnered Rs 11,816 crore of new bookings in the opening quarter.
Total pre-sales registered a 44.09% growth to Rs 19,187 crore in the first nine months of fiscal 2025, thus exceeding the guidance of Rs 17,000 crore for fiscal 2025.
The operating cash surplus generated during the quarter was Rs 1,850 crore, consequently the net cash position stood at Rs 4,534 crore at the end of the period.
During the quarter, tax relating to earlier years for the quarter and the first nine months of the current fiscal includes Rs 662.3 crore in respect of income-tax Iitigations for past assessment years, for which the group has opted to settle under Vivad se Vishwas Scheme.
