DLF reports strong Q2 FY26 results with profit surge and robust sales

DLF Limited reported a consolidated net profit of ₹1,171 crore for Q2 FY26, reflecting a 53% sequential increase. Consolidated revenue for the quarter stood at ₹2,262 crore, with sales bookings reaching ₹4,332 crore, primarily driven by a successful Mumbai launch and strong performance in the super-luxury segment. The company's net cash position improved to ₹7,717 crore despite dividend payouts and debt repayments.

The annuity business delivered healthy growth, with DLF Cyber City Developers Limited (DCCDL) reporting a consolidated profit of ₹643 crore, a 23% year-on-year increase. DCCDL's rental income grew by 15% to ₹1,362 crore. CRISIL upgraded DLF's credit rating to AA+/Stable, while DCCDL maintained an AAA/Stable rating from ICRA and CRISIL.

DLF's operational rental portfolio now stands at approximately 49 msf with 94% occupancy by area, further strengthened by the addition of ~2.1 msf at Atrium Place, Gurugram, and ~0.2 msf at DLF Midtown Plaza in Delhi, both achieving high pre-leasing rates. The company is committed to sustainable growth, evidenced by various LEED Platinum and 5-Star BEE certifications across its properties.