DLF shares fall 1% post Q1 FY26 earnings: 10 key announcements you need to know

The company's stock, however, slipped as much as 1% to ₹784.70 on the NSE in the early deals on Tuesday, August 5.

• DLF, India's biggest realty firm, has set an "ambitious" target to cross annual rental income of ₹10,000 crore in medium term from the company's commercial properties, its Chairman Rajiv Singh said.

At present, the DLF Group has an annuity portfolio (primarily office complexes and shopping malls) of around 46 million sq ft with an annual rental income of over ₹6,000 crore.

Addressing shareholders at DLF's 60th Annual General Meeting (AGM), Singh said the company during the 2024-25 fiscal year delivered a strong performance, achieving robust growth across both housing development and rental (of commercial properties) businesses.

Singh said the company's annuity portfolio, encompassing offices, retail and hospitality, continues to exhibit steady growth.

• The chairman added that new buildings in 'Downtown Gurugram' and Chennai project are completed. Additionally, three new retail properties are set to open in the near future, further strengthening its portfolio.

• On residential business, the chairman highlighted that the DLF achieved a record sales booking of ₹21,223 crore, with a year-on-year growth of 44%.

The company's latest housing project, 'West Park', in Mumbai has been equally well-received, he added.

"We have a strong and identified pipeline of new products across geographies for our development (housing) business, which is expected to deliver healthy gross margins and generate significant cash surplus for your company," Singh said.

• The chairman also spoke about India's economic growth.

"India's economy has demonstrated remarkable resilience amid global uncertainties and slowing growth. India stands out as a global beacon of economic progress. The 'Make in India' initiative, coupled with sustained structural reforms, creates substantial opportunities for growth," Singh said.

• Singh noted that India's economic growth is driven by a young population, an expanding middle class, rapid urbanisation, rising disposable incomes and growing aspirations.

Singh said the company is well-positioned to capitalise on these opportunities.

• Realty major reported an 18% increase in consolidated net profit to ₹762.67 crore in the June quarter of this fiscal year while the company's sales bookings surged 78% to ₹11,425 crore on strong housing demand.

The country's biggest real estate developer had posted a net profit of ₹644.67 crore in the year-ago period.

• Total income rose to ₹2,980.88 crore in the April-June period of the 2025-26 fiscal year from ₹1,729.82 crore in the corresponding period of the preceding year, according to a regulatory filing.

• Sales bookings grew sharply on the back of high sales in its newly launched luxury housing project in Gurugram.

DLF said this reaffirmed sustained demand for high qual-qualitylopments backed by a strong brand and superior execution capabilities.

"We remain enthused on the strong prospects of the housing demand backed by a resilient economy, growtgrowth-orientatedcies of the government & central bank, increasing desire for home ownership, and strong preference towards large, credible and branded players," DLF said.

The company said it would seek to leverage these tailwinds to offer high qual-qualityucts.

• "We believe that our business is well poised to leverage this structural upcycle backed by a significant land bank having high embedded potential, a robust pipeline of new products across both development and rental business, strong balance sheet and consistent cash flow generation," DLF said.

The company would remain committed to delivering consistent and profitable growth, the statement said.

• DLF has developed more than 185 real estate projects and developed an area of more than 352 million sq ft.

The group has 280 million sq ft of development potential across residential and commercial segments, including current projects under execution and the identified pipeline.

About DLF Ltd

Founded in 1946 by Chaudhary Raghvendra Singh, DLF began with the development of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram. Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties spanning 15 states and 24 cities.