Mumbai, August 3: DLF Limited, a leading real estate company in India, has faced a significant setback in revenue for the first quarter of the fiscal year 2026-27. The company’s income dropped by 52.9% year-on-year, totaling ₹1,280 crores, compared to ₹2,717 crores during the same period last year.
Despite the revenue decline, DLF recorded a slight increase in profit. According to an exchange filing, the consolidated net profit rose by 4.1% to ₹794 crores, up from ₹763 crores in the same quarter last year.
The drop in revenue also impacted the company’s operational performance. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) fell by 58.9% to ₹150 crores, down from ₹364 crores the previous year.
Additionally, the EBITDA margin decreased, standing at 11.7% in the first quarter, compared to 13.4% during the same period last fiscal year. This indicates ongoing pressure on the company’s operational profitability.
Despite the weak financial results, investor confidence in DLF remained intact. On Monday, DLF’s shares closed up by 1.40% at ₹668.55. However, this increase lagged behind the Nifty index, which rose by 1.60%.
During the trading session, shares opened at ₹668.25 and fluctuated between ₹660.60 and ₹670.90, reflecting a positive trend compared to the previous closing price of ₹659.30.
Over the past year, DLF’s shares have reached a 52-week high of ₹798.80 and a low of ₹489.40. Nevertheless, the stock remains approximately 14% lower year-on-year.
The company’s current market capitalization stands at ₹1.94 lakh crores, with a price-to-earnings (P/E) ratio of 92.11, reflecting investor expectations for future earnings.
During the company’s 61st Annual General Meeting (AGM), Chairman Rajiv Singh stated that DLF’s development and annuity businesses are focused on expansion and growth in their respective sectors.
He expressed confidence in achieving business objectives while keeping a cautious eye on global and domestic economic conditions. Singh also noted that under Prime Minister Narendra Modi’s leadership, the Indian economy has maintained stability despite global challenges and uncertainties, establishing India as a strong and rapidly growing economy on the world stage.
Leave a Comment