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Delhi NCR-based listed real estate developer, DLF Ltd, reported a 62 per cent jump in consolidated net profit, y-o-y to ₹1059 crore for the quarter ended December 31, 2024. The company had posted a net profit of ₹656 crore in the year-ago period.
Consolidated revenues for the country’s largest realtor stood at ₹1738 crore with gross margins being at ₹52 per cent.
The company reported new sales bookings to the tune of ₹12,093 crore.
“Our latest super luxury offering, The Dahlias in DLF 5, Gurugram, performed exceptionally well, garnering ₹11,816 crore of new bookings in the opening quarter,” the company said in a statement.
Post the quarterly sales bookings numbers, the company has surpassed is annual bookings guidance. New sales bookings for the first nine months of the fiscal year stands at ₹19,187 crore.
DLF’s net cash position stood at ₹4534 crore.
The operating cash surplus generated during the quarter was ₹1,850 crore.
Consolidated revenue of DLF Cyber City Developers Limited (DCCDL) stood at ₹1,609 crore, reflecting y-o-y growth of 9 per cent, consolidated profit for the quarter stood at ₹941 crore, registering a healthy growth of 117 per cent as compared to the year-ago-period.
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