Real estate behemoth DLF has kicked off the new fiscal year on a high note, reporting a robust 23% increase in consolidated net profit to ₹645.61 crore for the April-June quarter. This impressive performance is underpinned by a significant jump in total income to ₹1,729.82 crore, compared to ₹1,521.71 crore in the corresponding period of the previous year.
A key driver of DLF’s stellar performance was its record-breaking sales bookings, which touched ₹6,404 crore during the quarter. This substantial figure underscores the strong demand for the company’s residential offerings. The luxury project ‘Privana West’ in New Gurugram, which was entirely sold out, contributed significantly to this sales surge.
DLF’s results reflect the overall optimism in the Indian real estate sector, with the residential segment experiencing a structural upcycle. The company’s strong performance positions it favorably for the remainder of the fiscal year.
