DLF

Q2 FY26 Summary & Strategic Highlights

Q2FY26 Strong quarterly profit, robust sales, and expanding annuity portfolio 🔹 Financial Performance - Q2 consolidated net profit surged 54.7% QoQ to ₹1,180.09 crore. - YoY profit declined 14.5%; Q1 FY26 profit was ₹762.67 crore. - Consolidated income stood at ₹2,261.80 crore; EBITDA at ₹902 crore. 🔹 Cash Flow & Balance Sheet - Net operating cash surplus: ₹1,137 crore. - Net cash position: ₹7,717 crore, despite ₹1,485 crore dividend payout and ₹963 crore debt repayment. 🔹 Sales Bookings & Project Momentum - Q2 new sales bookings: ₹4,332 crore, led by Mumbai launch (The Westpark) and super-luxury segment. - H1FY26 cumulative bookings: ₹15,757 crore, aligned with annual guidance. 🔹 Annuity Business Growth - DLF Cyber City Developers Ltd (DCCDL) Q2 revenue: ₹1,822 crore; EBITDA: ₹1,412 crore (+12% YoY). - DCCDL profit: ₹643 crore (+23% YoY); received 5-Star GRESB rating and Global Sector Leader title for ESG. 🔹 Portfolio Expansion - Two new commercial assets added: - 2.1 msf at Atrium Place, Gurugram - 0.2 msf at Midtown Plaza, Delhi - Operational annuity portfolio now at 49 msf—among India’s largest organically grown portfolios. 🔹 Development Footprint - Over 185 completed projects; 352 msf developed area. - 280 msf development potential across residential and commercial segments, including pipeline. 🔹 Strategic Outlook - Focus remains on strengthening balance sheet, cash flow, and expanding annuity assets. - Robust capex program underway to capitalize on sector tailwinds and pipeline opportunities.