Audited Financial Results (Standalone & Consolidated) for the Quarter and Financial Year ended 31st March 2026
DLF · price
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DLF reported FY26 net profit of ₹3,747.91 crore, a massive jump from ₹1,577.43 crore in FY25 (+137.6%), despite revenue from operations declining 11% to ₹3,984.47 crore from ₹4,481.51 crore. Total income rose to ₹6,739.74 crore from ₹6,007.13 crore, boosted by other income of ₹2,755.27 crore which included ₹411.72 crore interest and ₹235.19 crore reversal of previously impaired dues from Twenty Five Downtown Reality (JHL) settlement. Profit before tax more than doubled to ₹4,490.74 crore vs ₹2,072.46 crore. The Board recommended dividend of ₹8 per share (400%). Auditors issued unmodified opinions for both standalone and consolidated results. Note that prior period figures have been restated due to NCLT-approved amalgamation of 16 subsidiary companies effective 14 January 2026.
The sharp PAT growth is largely driven by one-time items (JHL settlement recovery) and may not fully reflect underlying operational performance. Investors should note the ongoing ₹630 crore CCI penalty case and SEBI litigation at Supreme Court, while the 11% revenue decline warrants monitoring. The credit rating upgrades (Crisil and ICRA) signal improved financial health.