DLF Chairman Rajiv Singh's Pay Surges 34%: A Closer Look at DLF's Financial Performance
India's largest real estate firm, DLF, has seen a significant increase in the remuneration of its Chairman, Rajiv Singh, reflecting the company's robust financial performance.
Real EstateDlfRajiv SinghFinancial PerformanceRemunerationReal EstateJul 13, 2025
The increase in Singh's remuneration is primarily attributed to a commission of Rs 34.53 crore. The Board of DLF approved the commission/variable pay for Singh, as well as the company's two Managing Directors, Ashok Kumar Tyagi and Devinder Singh, based on the achievements against targeted business parameters. These parameters include consolidated profit after tax, cash flows, construction spends, and pre-sales.
Ashok Kumar Tyagi, one of DLF's Managing Directors, also saw his remuneration increase by nearly 5% to Rs 14.16 crore in 2024-25, up from Rs 13.52 crore in the previous year. Out of this, Rs 8.77 crore was in the form of commission. Similarly, Devinder Singh, the other Managing Director, received a remuneration of Rs 14.16 crore for the last fiscal, a 5% increase from Rs 13.52 crore in 2023-24. Both Tyagi and Singh received Rs 8.77 crore as commission.
Tyagi and Devinder Singh assumed their roles as Managing Directors effective August 4, 2023. Their appointments have been instrumental in driving the company's strategic initiatives and financial growth.
DLF, India's largest real estate firm in terms of market capitalization, has reported impressive financial results. The company's net profit increased to Rs 4,366.82 crore in 2024-25, a significant rise from Rs 2,723.53 crore in the preceding year. The total income also saw a substantial increase, rising to Rs 8,995.89 crore in the last fiscal from Rs 6,958.34 crore in 2023-24.
On the operational front, DLF reported record sales bookings of Rs 21,223 crore in 2024-25, a 44% increase from Rs 14,778 crore in the previous financial year. The company has set an ambitious target to sell housing properties worth Rs 20,000-22,000 crore during 2025-26, further demonstrating its confidence in the market and its strategic plans.
Since its inception, DLF has developed more than 185 real estate projects and over 352 million square feet of area. The DLF Group has a development potential of 280 million square feet across residential and commercial segments, including current projects under execution and the identified pipeline. Additionally, the group has an annuity portfolio of over 45 million square feet, solidifying its position as a leading player in the Indian real estate market.
DLF's strong financial performance and strategic initiatives under the leadership of Rajiv Singh and the management team highlight the company's commitment to excellence and growth. The significant increase in the remuneration of key executives is a clear indication of the company's success and its ability to deliver value to its stakeholders.
Frequently Asked Questions
What was the percentage increase in Rajiv Singh's remuneration in FY25?
Rajiv Singh's remuneration increased by 34% to Rs 36.65 crore in FY25.
How much commission did Rajiv Singh receive as part of his remuneration?
Rajiv Singh received Rs 34.53 crore in commission as part of his remuneration.
What was the net profit of DLF in FY25?
DLF's net profit in FY25 increased to Rs 4,366.82 crore.
What are the targeted sales for DLF in 2025-26?
DLF has set a target to sell housing properties worth Rs 20,000-22,000 crore during 2025-26.
How many real estate projects has DLF developed since its inception?
Since its inception, DLF has developed more than 185 real estate projects.
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