DLF shares slide down 1%, even if Q1 Pat increases 18% yoj; turnover doubles to RS 2,716 CR

Shares of DLF fell 1.15% to the low point of RS 784.80 at the BSE on Tuesday, even after the major of the real estate had posted an increase of 18% on an annual basis (Yoy) in the consolidated net profit for the first quarter of FY26. The company reported a profit after tax (PAT) of RS 763 Crore for the quarter ending in June 2025, against RS 646 Crore in the same period last year.

The profit growth, due to the owners of the holding, came on the back of a significant increase in operational income. The turnover from the activities increased 99% JoJ to RS 2,716 Crore, compared to RS 1,362 Crore in Q1 FY25, powered by strong sales performance and successful project launches.

On a sequential basis, however, Pat fell by 40% of RS 1,282 Crore in Q4 FY25, while sales fell by 13% from RS 3.128 Crore in the quarter of March.

The EBITDA of the company was on RS 628 Crore, an increase of 6% JoJ, but 48% quarter-on-quarter.

The total costs rose sharply to RS 2,466 Crore, an increase of 94% yoj compared to RS 1,272 Crore in Q1 FY25, and a 7% increase consecutive. The increase was mainly due to land acquisition, development costs, employee benefits and financing costs.

Despite higher costs, DLF supplied a strong operational quarter with new sales bookings of RS 11,425 Crore, which was a robust growth of 78% JoJ. The increase in sale was mainly led by the successful launch of the DLF Privana Ecosystem. The company also reported collections of RS 2,794 Crore and a net cash surplus of RS 1,131 Crore for the quarter. On Monday, the DLF shares closed 2% higher on RS 793.65 on BSE.

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