DLF Limited reported robust performance for the second quarter of FY27, with new sales bookings totaling approximately ₹3,800 crore. The company maintained a strong financial position with a net cash position of approximately ₹15,100 crore, even after a significant dividend payout of nearly ₹1,980 crore. The rental portfolio also achieved record occupancy levels of 96% by area and 97% by value, contributing to healthy top-line growth.
DLF Reports Strong Q2 FY27 Performance
DLF Limited announced its financial and operational highlights for the second quarter of the fiscal year 2027 (Q2 FY27), concluding on October 17, 2026. The company reported new sales bookings amounting to approximately ₹3,800 crore. This strong performance was driven by successful project launches and sustained demand for its luxury offerings, including the new luxury retirement housing address, Aureva, which achieved a complete sellout.
Financial Snapshot
The company’s collections stood at ₹2,780 crore for the quarter, resulting in an operating cash flow of approximately ₹1,858 crore. Despite a substantial dividend payout of close to ₹1,980 crore, DLF maintained a healthy net cash position of approximately ₹15,100 crore. Consolidated revenue for the quarter was ₹2,298 crore, which includes a one-time gain of ₹738 crore from the valuation of an investment in a joint venture. EBITDA stood at ₹1,060 crore, leading to a net profit exceeding ₹1,300 crore.
Rental Portfolio Strength
DLF’s rental portfolio, spanning 50 million square feet, achieved its highest ever occupancy levels, reaching 96% in terms of area and 97% by value. This strong occupancy underscores the rental business’s consistent momentum, delivering healthy top-line growth and high-teen profitability growth.
Development Business Outlook
The gross margin potential for DLF’s development business is estimated at approximately ₹40,000 crore, with a potential cash generation of over ₹42,500 crore. For DCCDL, consolidated revenue was ₹2,014 crore, with EBITDA at ₹1,537 crore, and a net profit of over ₹750 crore, marking a year-over-year growth of 17%.
Key Management Attendees
The earnings webcast featured key management personnel, including:
Mr. Ashok Kumar Tyagi – Managing Director, DLF Limited
Mr. Aakash Ohri – Managing Director and Chief Business Officer
Mr. Badal Bagri – Group Chief Financial Officer, DLF Limited
Source: BSE
