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Friday, January 24, 2025

DLF Q3 FY2025 Results: 61% Profit Growth & Record ₹12,093 Cr Pre-Sales Beat Guidance

stock market news

DLF Q3 FY2025: Pre-Sales Jump 34% as Luxury Housing Demand Defies Market Trends

Financial Performance

The real estate giant reported:

  • 61% YoY net profit growth at ₹1,059 crore
  • 34% quarterly pre-sales surge to ₹12,093 crore
  • Margins at 26.2% vs 33.6% in Q3 FY2024

Operational Highlights

  • Annual guidance surpassed with ₹19,187 crore bookings in 9 months
  • Net cash reserves strengthened to ₹4,534 crore
  • Commercial arm DCCDL revenue up 9% to ₹1,609 crore

Growth Drivers

  • Strong demand for premium projects like The Camellias
  • New inventory launches in Gurugram and Chennai
  • Rental income growth from office spaces (117% YoY profit rise)

Challenges

  • 23% sequential profit decline from Q2 FY2025
  • Input cost pressures impacting margins
  • Regulatory delays in Mumbai market entry

Strategic Moves

  • Planned ₹3,000 crore investment in Mumbai luxury projects
  • 11 million sq. ft under development across key markets
  • Focus on green-certified commercial properties

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. Market conditions can change rapidly, and past performance doesn’t guarantee future results. Consult a qualified financial advisor before making investment decisions.

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