DLF stock rises 6% as Q4 net profit soars 37%

Shares of real estate developer DLF Ltd rose over 6% in intraday trade on Tuesday after the Gurugram-based realty major reported a 37% year-on-year rise in net profit for the quarter ended March 31, 2025.

The DLF stock opened higher at ₹752.45 compared with its previous closing price of ₹737.40. It rose 6.18% to hit a high of ₹783 on the BSE, taking the company’s market cap to around ₹1.9 lakh crore.

DLF’s consolidated net profit for the fourth quarter rose 37% to ₹1,268 crore while revenue stood at ₹3,348 crore. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) during the quarter came in at ₹1,198 crore.

DLF said its development business achieved yet another year of robust and consistent performance, with record new sales bookings of ₹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 ₹13,744 crore in new sales bookings during the fiscal,” the real estate major said. “This has resulted in the monetisation of approximately 39% of the estimated total sales potential of this project within the first year of its launch,” it added.

DLF also launched the next phase of its luxury project - DLF Privana West, which garnered strong interest and witnessed complete sell out within a few days of the soft launch clocking approximately ₹5,600 crore of new sales bookings.

“Our unwavering commitment to strengthening our balance sheet and enhanced focus on consistent cash flow generation led to a net cash surplus generation of ₹5,302 crore during the fiscal. Consequently, our net cash position at the fiscal end further improved to ₹6,848 crore,” the company said.

“We are optimistic about the sustained housing demand for our products and will continue to capitalise on this momentum by introducing calibrated offerings of new products from a strong and well-diversified pipeline,” it added.

DLF said its annuity business delivered another period of steady and consistent growth. FY25 consolidated revenue of DLF Cyber City Developers Ltd (DCCDL) stood at ₹6,448 crore; EBITDA stood at ₹4,949 crore, reflecting a y-o-y growth of 11%; consolidated profit for the year stood at ₹2,461 crore, a y-o-y growth of 46%.

Occupancy levels across DLF’s rental portfolio saw gradual improvement and remained healthy 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,” it said.

The DLF board recommended a dividend of ₹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.

“We believe that our business is well poised to leverage this structural upcycle backed by a significant land bank having high embedded potential, a robust pipeline of new products across both development and rental business, strong balance sheet and consistent cash flow generation. We remain committed to deliver consistent and profitable growth,” the real estate developer said.