DLF posts strong Q2FY26 results with robust sales bookings

DLF Limited reported a consolidated net profit of ₹1,171 crore for Q2FY26, with consolidated revenue reaching ₹2,262 crore. The company generated ₹1,137 crore in net operating cash surplus, maintaining a net cash position of ₹7,717 crore by the quarter's end, even after a ₹1,485 crore dividend payout and ₹963 crore debt repayment. CRISIL upgraded DLF's credit rating to AA+/Stable, reflecting strong financial health.

New sales bookings for the second quarter stood at ₹4,332 crore, driven by a successful Mumbai launch and strong performance in the super-luxury segment. Cumulative new sales bookings for H1FY26 totaled ₹15,757 crore, in line with annual guidance. The annuity business, through DLF Cyber City Developers Limited (DCCDL), saw its consolidated revenue rise to ₹1,822 crore and EBITDA to ₹1,412 crore, marking a 12% year-over-year growth.

DCCDL's consolidated profit for the quarter grew 23% year-over-year to ₹643 crore. The operational annuity portfolio now spans approximately 49 msf, with two new assets—~2.1 msf at Atrium Place in Gurugram and ~0.2 msf at DLF Midtown Plaza in Delhi—added during the period.