The company reported new sales bookings worth Rs 4,332 crore, supported by its first launch in Mumbai – The Westpark and continued healthy momentum in the super luxury segment.
Cumulative new sales bookings for H1FY26 stood at Rs 15,757 crore, in line with our annual guidance.
The company’s consolidated revenue stood at Rs 2,262 crore, while its net cash position at the end of the quarter stands at Rs 7,717 crore.
“We continue to focus on further strengthening our balance sheet and generating cash flows. Net cash position stood at Rs 7,717 crore at the end of the quarter, despite higher dividend payout of Rs 1,485 crore and debt repayment of Rs 963 crore during the quarter,” the company said in a statement.
CRISIL has upgraded DLF’s credit rating to AA+/Stable, reflecting its strong financial health and consistent business performance. “The housing sector continues to benefit from a resilient economy, the increasing desire for homeownership and growing demand for brandable, credible developers. We continue to leverage our high-quality land bank by calibrating our new product offerings to leverage this continued momentum in line with our guided trajectory,” the company said. During Q2FY26 consolidated revenue of DLF Cyber City Developers Limited (DCCDL), the company’s rental arm, stood at Rs 1,822 crore, while EBITDA stood at Rs 1,412 crore, reflecting a YoY growth of 12%.
Consolidated profit for the quarter stood at Rs 643 crore, a year-on-year growth of 23%.
Two new assets were added to the annuity portfolio, 2.1 msf (first phase) at Atrium Place in Gurugram and 0.2 msf at DLF Midtown Plaza in Delhi
“Our operating annuity portfolio now stands at 49 msf, one of the largest organically grown portfolios in India. Against the backdrop of strong tailwinds coupled with a sizeable and identified product pipeline, we continue to implement a robust capex program to further grow our annuity portfolio over the medium term,” the company said.
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