DLF reports Rs 4,357 cr profit, record net cash surplus in FY 25

NEW DELHI: Real estate major DLF on Monday reported a consolidated revenue of Rs 3,348 crore inQ4 FY 25 and Rs 8,996 crore in the full fiscal FY 25. It announced a net profit Rs 1,268 crore in Q4, reflecting Y-o-Y growth of 37%, and profit of Rs 4,357 crore for FY 25, reflecting Y-o-Y growth of 59%. It ended last fiscal with a record net cash surplus generation of Rs 5,302 crore. DLF hares closed 3% up at Rs 737.4 on BSE Monday when the broader market was down 0.3%.

“Our development business achieved yet another year of robust and consistent performance, with record new sales booking of Rs 21,223 crore during the year. This marked a year-on-year growth of 44%. Our latest super-luxury offering — The Dahlias, received encouraging demand and generated Rs 13,744 crore in new sales bookings during the fiscal. This has resulted in the monetisation of about 39% of the estimated total sales potential of this project within the first year of its launch,” DLF said in a statement. ““We also launched the next phase of our luxury project - DLF Privana West, which witnessed complete sell out within a few days of the soft launch clocking about Rs 5,600 crore of new sales bookings.”

“…consistent cash flow generation led to a net cash surplus generation of Rs 5,302 crore during the fiscal. Consequently, our net cash position at the fiscal end further improved to Rs 6,848 crore. Our annuity business delivered another period of steady and consistent growth. FY25 consolidated revenue of DLF Cyber City Developers Limited (“DCCDL”) stood at Rs 6,448 crore; EBITDA stood at Rs 4,949 crore, reflecting a y-o-y growth of 11%; consolidated profit for the year stood at Rs 2,461 crore, a y-o-y growth of 46%,” it added.

“Occupancy levels across our rental portfolio saw gradual improvement and remained at 94%. We expect sustained demand momentum across our annuity business and hence continue to judiciously invest towards growing our portfolio across geographies. Rental income is expected to further grow with rent commencement of recently completed office block at DLF Downtown, Gurugram measuring about 2 msf. Further to our stated commitment to work consistently towards enhancing shareholder value, the Board has recommended a dividend of Rs 6 per share for shareholders’ approval. This payout would signify a year-on-year growth of 20% in the dividend compared to the previous year,” the statement said.