DLF, a leading real estate company, reported a net profit of ₹1,301 crore for the second quarter (Q2) of fiscal year 2027, marking a 10% increase compared to ₹1,180 crore in the same quarter last year. However, the company’s revenue declined by 23% year-on-year to ₹1,261 crore during this period.
- Net profit rose 10% to ₹1,301 crore in Q2 FY27.
- Revenue dropped 23% year-on-year to ₹1,261 crore.
- Operating profit (EBITDA) fell 92% to ₹23 crore.
- EBITDA margin decreased from 17.29% to 1.79%.
- Net cash position remains strong at ₹15,084 crore after ₹1,980 crore dividend payout.
- New sales bookings reached ₹3,800 crore in Q2 FY27.
- Luxury projects like Aureva and Dahlias show strong demand.
What were DLF’s key financial results for Q2 FY27?
DLF’s consolidated net profit for Q2 FY27 was ₹1,301 crore, up 10% from ₹1,180 crore in Q2 FY26. However, revenue from operations declined 23% to ₹1,261 crore compared to ₹1,643 crore in the previous year’s quarter. The operating profit, measured as earnings before interest, taxes, depreciation, and amortisation (EBITDA), dropped sharply by 92% to ₹23 crore from ₹284 crore. This caused the EBITDA margin to shrink from 17.29% to 1.79%.
How did DLF perform in the first half of FY27?
For the first half (H1) of FY27, DLF’s net profit increased by 8% to ₹2,095 crore from ₹1,943 crore in H1 FY26. Meanwhile, revenue from operations fell 46% to ₹2,341 crore from ₹4,360 crore in the same period last year.
What is DLF’s cash position and dividend payout?
DLF’s operating cash flow stood at ₹1,858 crore, highlighting the company’s strong business fundamentals. Despite paying out ₹1,980 crore in dividends during the quarter, DLF maintained a robust net cash position of ₹15,084 crore by the end of Q2 FY27.
What about DLF’s sales and project demand?
DLF recorded new sales bookings of ₹3,800 crore in Q2 FY27. The company’s luxury retirement housing project, Aureva in Gurugram, was fully sold out, indicating strong demand for premium offerings. Additionally, the super-luxury Dahlias project continues to attract high interest from buyers.
How does DLF view its future prospects?
DLF stated that with a significant land bank, a strong pipeline of launches across development and rental businesses, a strengthened balance sheet, and steady cash flow, it is well positioned to benefit from the sector’s structural upcycle. The company aims to deliver sustained, profitable growth and long-term value to its stakeholders.
How is DLF’s rental portfolio performing?
The company’s rental portfolio continues to show strong operating performance with industry-leading occupancy rates, contributing to its overall financial stability.
What is the recent stock performance of DLF?
On October 16, 2026, DLF shares closed at ₹675 on the National Stock Exchange, up 0.67%. Year-to-date, the stock has declined by 2.3%, but it gained 8% over the past month and more than 14% over six months. The 52-week high was ₹786.50 on October 29, 2025, and the 52-week low was ₹489.40 on April 2, 2026. DLF’s total market capitalization stood at ₹1.67 lakh crore as of October 16, 2026.
