DLF Posts Strong Q3 FY26 Results With Record Cash Flows
For Q3 FY26, consolidated revenue stood at Rs 24.79 billion, while EBITDA was Rs 8.49 billion. Net profit reached Rs 12.07 billion, reflecting a year-on-year increase of 29 per cent before exceptional items. Operating cash generation during the quarter was Rs 38.76 billion, leading to a net cash position of Rs 116.6 billion and achieving zero gross debt.
The company recorded gross collections of Rs 51 billion during the quarter, while cumulative net collections for the nine-month period reached Rs 102.16 billion, representing a year-on-year growth of 21 per cent. The strong collections underscore sustained demand and disciplined execution across projects.
New sales bookings during the quarter stood at Rs 4.19 billion, driven by healthy monetisation of launched inventory, excluding the Dahlias project. DLF reiterated its commitment to achieving annual guidance and expanding its product portfolio in line with medium-term plans.
The company’s financial strength was further recognised by ICRA, which upgraded DLF’s credit rating to AA+/Stable, reflecting its consistent business performance and strong balance sheet.
DLF’s annuity business continued to deliver stable growth. In Q3 FY26, consolidated revenue of DLF Cyber City Developers Limited (DCCDL) stood at Rs 18.78 billion, while EBITDA reached Rs 14.64 billion, reflecting year-on-year growth of 18 per cent. Consolidated retail revenue for the quarter was Rs 7.07 billion.
DLF also expanded its annuity portfolio with the addition of DLF Summit Plaza in Gurugram, strengthening its retail presence to a cumulative area of approximately five million square feet. The company remains focused on expanding its annuity portfolio and leveraging its operational and under-construction assets to drive sustainable long-term growth.
Supported by a strong balance sheet, high-quality assets and resilient business models, DLF continues to capitalise on favourable sector trends and create long-term value for stakeholders.