"DLF announces Financial Results for Q2FY26".
DLF · price
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Awaiting price reaction for this filing.
DLF Limited reported consolidated revenue of Rs 2,262 crore for Q2FY26, with EBITDA of Rs 902 crore and net profit of Rs 1,171 crore. New sales bookings for the quarter stood at Rs 4,332 crore, driven by the maiden Mumbai launch of The Westpark and strong super-luxury demand, taking H1FY26 cumulative bookings to Rs 15,757 crore. The company maintained a robust net cash position of Rs 7,717 crore even after paying Rs 1,485 crore in dividends and repaying Rs 963 crore of debt. CRISIL upgraded DLF's credit rating to AA+/Stable, and the annuity arm DCCDL posted 12% YoY EBITDA growth and 23% YoY profit growth to Rs 1,412 crore and Rs 643 crore respectively.
Strong quarter with healthy profitability, strong cash generation, and a credit rating upgrade signal financial strength — likely positive for shareholder confidence, though the Rs 1,485 crore dividend payout reduces cash on hand.