DLF Limited has informed the Exchange regarding '60th Annual General Meeting - Chairman's Speech'.
DLF · price
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Awaiting price reaction for this filing.
DLF held its 60th AGM on 4th August 2025, where the Chairman highlighted a strong FY2024-25 performance. Net Profit jumped ~60% YoY to ₹4,356 crore, driven by New Sales Bookings of ₹21,223 crore (up ~44% YoY). Collections grew 36% to ₹11,773 crore, generating a Net Cash Surplus of ₹5,302 crore (up 21%). The annuity portfolio spans ~46 million sq ft at ~94% occupancy, with new buildings in Downtown Gurugram and Chennai completed and three retail properties set to open soon. The Chairman flagged a strong pipeline of new development projects expected to deliver healthy margins, and set a medium-term target to cross ₹10,000 crore in annual rental revenues.
This is a positive readout for shareholders — broad-based growth in profits, sales, and cash generation, along with a clear growth target on the rental business, signals confidence in continued momentum. Stock may react favourably, especially given the ~60% jump in net profit and visible cash surplus supporting future expansion.