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News image for DLF Q2 FY27 Net Profit Rises 10% to ₹1,301 Cr Amid 23% Revenue Decline
DLF

DLF Q2 FY27 Net Profit Rises 10% to ₹1,301 Cr Amid 23% Revenue Decline

DLF reported a consolidated net profit of ₹1,301 crore for the July‑September quarter of FY27, a 10% increase from ₹1,180 crore recorded in the same period last year. The real‑estate company announced that its net cash position stood at ₹15,084 crore by the end of Q2 FY27, even after a dividend outflow of ₹1,980 crore. Operating cash flow reached ₹1,858 crore, as stated in the company’s statement released on Friday, October 16, 2026. These figures were disclosed in the company’s quarterly report.

Revenue from operations fell 23% year‑on‑year to ₹1,261 crore in the September quarter, down from ₹1,643 crore in the corresponding period of FY26. EBITDA dropped 92% to ₹23 crore compared with ₹284 crore in the same quarter of the previous fiscal year. The EBITDA margin contracted to 1.79% from 17.29% in Q2 FY26. The company highlighted a decline in revenue and a sharp contraction in operating profitability for the quarter.

For the first half of FY27, DLF’s net profit increased 8% to ₹2,095 crore versus ₹1,943 crore on a year‑on‑year basis. Revenue from operations for H1 FY27 stood at ₹2,341 crore, a 46% decline from ₹4,360 crore in H1 FY26. The company reported new sales bookings of ₹3,800 crore for the reporting quarter. The Aureva project in Gurugram sold out completely, and the super‑luxury Dahlias line continued to attract demand from customers.

Operating cash flow of ₹1,858 crore was cited as reinforcing the underlying business strength. DLF said its rental portfolio continues to demonstrate robust operating strength with industry‑leading occupancy. The company also noted that its balance sheet remains strong and that it continues to generate consistent cash flow. These statements were made in the company’s quarterly report and statement.

On Friday, DLF shares closed at ₹675 apiece on the National Stock Exchange, rising 0.67%. Since the beginning of the year, the stock has slipped 2.3%. Over a month’s time, the stock has gained 8%, and for a six‑month period, it has jumped over 14%. Shares hit a 52‑week high of ₹786.50 on October 29, 2025, and a 52‑week low of ₹489.40 on April 2, 2026. As of October 16, 2026, DLF’s market capitalisation was ₹1.67 lakh crore.