DLF Reports Soaring Sales Bookings for New Mumbai Project
Realty major DLF reports a significant increase in sales bookings to ₹4,332 crore for the second quarter, driven by the successful launch of a new project in Mumbai.
Real EstateDlfSales BookingsMumbai ProjectMarket CapitalisationReal Estate NewsOct 31, 2025
Revenue from operations, however, fell to Rs 1,643.04 crore during the July-September period of this fiscal year from Rs 1,975.02 crore a year ago. Total income increased to Rs 2,261.80 crore from Rs 2,180.83 crore in the year-ago period, driven by an increase in other income. DLF is the country's largest real estate firm in terms of market capitalisation.
New sales bookings for the second quarter stood at Rs 4,332 crore, driven by the successful maiden launch in Mumbai - The Westpark and continued healthy momentum in the super-luxury segment. In the year-ago period, sales bookings were Rs 692 crore. DLF emphasized its focus on strengthening the balance sheet and cash flow generation. The net cash position stood at Rs 7,717 crore at the end of the quarter, despite a higher dividend payout of Rs 1,485 crore and debt repayment of Rs 963 crore during the September quarter.
DLF noted that India's housing sector continues to benefit from a resilient economy, increasing desire for home ownership, and growing demand for branded, credible developers. The company continues to leverage its high-quality land bank by calibrating new product offerings to maintain this sustained momentum in line with its guided trajectory.
On its rental business, DLF reported that the revenue of its joint venture firm DLF Cyber City Developers Ltd (DCCDL) stood at Rs 1,822 crore. The consolidated profit for the second quarter of this fiscal stood at Rs 643 crore, an annual growth of 23 per cent. DCCDL is a joint venture between DLF and Singapore sovereign wealth firm GIC, with DLF holding around 67 per cent stake in the JV. During the September quarter, two new assets were added to the annuity portfolio: 2.1 million square feet (first phase) at Atrium Place in Gurugram and 0.2 million square feet at DLF Midtown Plaza in Delhi.
DLF's operational annuity portfolio now stands at around 49 million square feet, among the largest organically grown portfolios in India. The company continues to implement a robust capex program to further grow its annuity portfolio over the medium term, capitalizing on strong tailwinds and a sizeable product pipeline. DLF continues to deliver consistent and profitable growth, backed by a strong balance sheet, high-quality assets, and a resilient business model.
DLF has developed more than 185 real estate projects and developed an area of more than 352 million square feet. The group has 280 million square feet of development potential across residential and commercial segments. DLF is primarily engaged in the development and sale of residential properties (the development business) and the leasing of commercial and retail properties (the annuity business).
Frequently Asked Questions
What was DLF's net profit for the second quarter of this fiscal year?
DLF's net profit for the second quarter of this fiscal year was Rs 1,180.09 crore, a 15 per cent decline from the previous year.
How much did DLF's sales bookings increase in the second quarter?
DLF's sales bookings increased over six times to Rs 4,332 crore in the second quarter, driven by the successful launch of a new project in Mumbai.
What is DLF's joint venture with GIC called?
DLF's joint venture with GIC is called DLF Cyber City Developers Ltd (DCCDL).
What is the size of DLF's operational annuity portfolio?
DLF's operational annuity portfolio stands at around 49 million square feet, among the largest organically grown portfolios in India.
What are the main segments of DLF's business?
DLF is primarily engaged in the development and sale of residential properties (the development business) and the leasing of commercial and retail properties (the annuity business).
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