NEW DELHI: DLF has reported impressive financial results for the fiscal year ending March 31, 2025 (FY25), with a consolidated revenue increase of 32% to ₹7,376 crore, up from ₹5,574 crore the previous year.
The net profit after tax reached ₹2,744 crore, showing a year-on-year growth of 26% compared to ₹2,172 crore in FY24. This growth was propelled by robust housing demand, effective execution of key projects, and higher average realizations in its development portfolio.
Surge in Sales and Collections
The company reported gross new sales bookings of ₹14,778 crore in FY25, slightly lower than FY24’s ₹15,058 crore. However, DLF emphasized the continued strong demand for luxury and premium projects.
Collections for the year reached ₹10,035 crore, up from ₹8,084 crore in FY24, reflecting a 24% growth.
Reduction in Net Debt
DLF’s net debt decreased to ₹2,068 crore as of March 31, 2025, from ₹3,876 crore the previous year, resulting in a net debt-to-equity ratio of 0.05x, one of the lowest in the industry.
Performance of Rental Business and DCCDL
DLF Cyber City Developers (DCCDL), the group’s rental division in partnership with GIC, reported consolidated revenue of ₹5,301 crore, marking a 12% increase from ₹4,726 crore in FY24. EBITDA also grew by 10% to ₹2,254 crore, with net profit at ₹1,057 crore.
DCCDL achieved gross leasing of 3.2 million sq ft in FY25, driven by strong demand in Gurugram, Chennai, and Noida, pushing the total operational portfolio over 40 million sq ft by FY25’s end.
Chairman’s Remuneration
According to the annual report, DLF chairman Rajiv Singh received total remuneration of ₹300 crore in FY25, ranking him among the highest-paid executives in the Indian real estate sector. The board has approved a similar remuneration structure for FY26, pending shareholder approval.
Strategic Outlook
Looking forward, DLF has identified a launch pipeline with a gross development value (GDV) exceeding ₹36,000 crore for FY26 across key markets like Gurugram, Panchkula, Chennai, and Mumbai.
“We remain bullish on India’s real estate outlook and are dedicated to delivering value through disciplined execution and a customer-focused approach,” stated Aakash Ohri, joint MD and chief business officer of the company.
