DLF maintains FY25 sales target of ₹17,000 crore, bolstered by robust Q1 performance and healthy financials.
DLF Limited has reaffirmed its sales bookings target of ₹17,000 crore for the fiscal year ending March 2025. The company’s confidence in achieving this ambitious goal is underpinned by the exceptional performance in the previous quarter, where sales bookings surged over threefold compared to the same period last year.
A key factor contributing to DLF’s optimism is its robust financial health. The company reported a substantial increase in receivables from customers, reaching a substantial ₹21,000 crore. This figure significantly exceeds the ₹11,000 crore allocated for residual construction expenses related to ongoing projects. This positive financial position not only reinforces DLF’s market leadership but also provides a solid foundation for future growth initiatives.
The strong demand for DLF’s luxury residential offerings has been a major driver of the company’s performance. With a substantial portion of its target audience comprising high-net-worth individuals, DLF has successfully capitalized on the growing appetite for premium living spaces. The company’s ability to deliver exceptional projects coupled with its strong brand reputation has been instrumental in solidifying its position as a preferred choice among discerning homebuyers.
