Curation Team
NEW DELHI: DLF has posted a robust financial performance for the fiscal year ending March 31, 2025 (FY25), reporting a 32% increase in consolidated revenue at ₹7,376 crore, up from ₹5,574 crore in the previous fiscal.
Net profit after tax stood at ₹2,744 crore, marking a 26% year-on-year rise, compared to ₹2,172 crore in FY24. The growth was driven by strong housing demand, consistent execution across key projects, and higher average price realizations across its development portfolio.
Sales and collections surge
The company achieved gross new sales bookings of ₹14,778 crore in FY25. While this figure is marginally lower than FY24’s ₹15,058 crore, the company emphasized that sustained demand for luxury and premium projects remained resilient.
Collections during the year stood at ₹10,035 crore compared to ₹8,084 crore in FY24, registering a 24% growth.
Net debt down to ₹2,068 crore
The company’s net debt declined to ₹2,068 crore as of March 31, 2025, from ₹3,876 crore a year earlier. The net debt to equity ratio stood at 0.05x, among the lowest in the industry.
Rental business and DCCDL
DLF Cyber City Developers (DCCDL), the group’s rental arm in partnership with GIC, posted a consolidated revenue of ₹5,301 crore, up 12% from ₹4,726 crore in FY24. EBITDA grew 10% to ₹2,254 crore, while net profit came in at ₹1,057 crore.
DCCDL reported a gross leasing of 3.2 million sq ft for FY25, driven by strong demand across Gurugram, Chennai, and Noida. The total operational portfolio crossed 40 million sq ft by the end of FY25.
Chairman’s remuneration at ₹300 crore
The annual report also disclosed that DLF’s chairman, Rajiv Singh, received a total remuneration of ₹300 crore in FY25, making him one of the highest-paid business leaders in the Indian real estate sector. The board approved a similar remuneration structure for FY26, subject to shareholder approval.
Strategic outlook
Looking ahead, it has identified a launch pipeline of over ₹36,000 crore in gross development value (GDV) for FY26 across key markets including Gurugram, Panchkula, Chennai, and Mumbai.
“We remain optimistic on India’s real estate outlook and are committed to delivering value through disciplined execution and customer-centricity,” said Aakash Ohri, joint MD and chief business officer of the company.
