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India's leading real estate developer by market capitalisation, DLF Ltd, has reported a 39% year-on-year jump in consolidated net profit for the final quarter of the previous fiscal, reaching INR 1,282 crore. This impressive performance was supported by a substantial rise in revenue, which climbed to INR 3,347.77 crore during the January-March quarter. For the full financial year, the company's net profit rose to INR 4,366.82 crore, up from INR 2,723.53 crore the year before, while total income grew by nearly 29%. The board has recommended a dividend of INR 6 per equity share, subject to shareholder approval, reinforcing investor confidence.
DLF Ltd, the country's largest real estate firm by market capitalisation, has announced a strong 39% increase in its consolidated net profit, which rose to INR 1,282 crore for the final quarter of the previous financial year. The company had posted a net profit of INR 919.82 crore during the same period a year earlier. Advertisement
The surge in profitability was supported by a notable increase in revenue. Total income during the January to March quarter rose to INR 3,347.77 crore, compared to INR 2,316.7 crore in the corresponding quarter of the preceding year, according to a regulatory filing made earlier this week.
On an annual basis, DLF's performance remained solid. For the full financial year 2024-25, the company's consolidated net profit climbed to INR 4,366.82 crore from INR 2,723.53 crore recorded in the previous year. Total income also showed strong growth, rising to INR 8,995.89 crore, as opposed to INR 6,958.34 crore during the 2023-24 financial year.
The company's board has recommended a dividend of INR 6 per equity share, each with a face value of INR 2, for the financial year 2024-25. This proposal will be subject to shareholder approval during the upcoming general meeting.
Following the release of its financial results, DLF's share price gained 3% earlier this week to close at INR 737.40 per share on the Bombay Stock Exchange (BSE). With this movement, the company's market capitalisation exceeded INR 1.82 lakh crore, reaffirming its dominant position in the Indian real estate sector.
DLF has consistently maintained its leadership through strategic land acquisitions, premium residential offerings, and commercial developments, particularly in key urban centres such as Gurugram and Delhi NCR. Over recent years, the developer has also increasingly focused on strengthening its balance sheet and capital efficiency, which has resonated well with both institutional and retail investors.
As the Indian property market continues to rebound amid urbanisation trends and rising housing demand, DLF's sustained revenue growth and profitability signal a strong foundation for its future trajectory.
The proposed dividend further affirms its commitment to shareholder value, while the upward shift in its share price highlights growing investor trust. As the company continues to expand its footprint and capitalise on emerging real estate trends, DLF remains a formidable force poised to shape the future of India's property landscape.
Source - PTI
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