DLF Q2 results: Net profit increases 64% to Rs 378.95 cr

30 Oct 2021 CW Team

Commercial real estate developer DLF's net consolidated profit increased by 64% in Q2 FY22.

In Q2 FY22, the company reported a profit after tax (PAT) of Rs 378.95 crore, up from Rs 231.20 crore in the previous fiscal quarter, according to a BSE filing.

In Q2 FY22, the company's net consolidated total income was Rs 1,556.53 crore, down 10% from Rs 1,723.09 crore in the same quarter the previous year.

The company declared a dividend of Rs 2 per share on a face value of Rs 2 per equity share amounting to Rs 495.06 crore during the quarter.

During the quarter, new sales bookings increased by 77% year on year to Rs 1,512 crore. According to the media, the company's net debt as of September 30, 2021, was Rs 3,985 crore.

DLF's rental arm, DLF Cyber City Developers (DCCDL), which is a joint venture with GIC, reported a net profit of Rs 231 crore in Q2 FY22, up 36% year on year. According to the company's media release, consolidated revenue increased to Rs 1,123 crore from Rs 1,040 crore during the same period.

According to the company's regulatory filing, the regional director, Northern Region, New Delhi (Central Government) approved the scheme of amalgamation of the following companies during the quarter ended September 30, 2021.

The transferor company is Laxmibanta Estates Developers, and the transferee company is Sagardutt Builders & Developers.

The transferor company is Cirila Builders and Constructions, and the transferee company is Verano Builders & Developers.

The transferor company is Kambod Real Estates, Shikhi Estates, and the transferee company is Qabil Builders 8c Developers.

The transferor company is Fabrizio Real Estates, Karena Estates Developers, and the transferee company is Vamil Builders & Developers.

The transferor company is Rajika Estate Developer, and the transferee company is Uncial Builder & Constructions.

The transferor companies are Arva Builders & Developers, Balint Real Estates, Havard Builders & Developers, Mujaddid Builders & Developers, and Akina Builders & Developers.

The transferor companies are Abheek Real Estate, Anuroop Builders & Developers, Charon Elevators, Grism Builders & Developers, Luvkush Builders, Peace Buildcon, Vismay Builders & Developers, and Ananti Builders & Construction.

Image Source

Also read: Godrej Properties gets Rs 575 cr from home sales in Noida project

Commercial real estate developer DLF's net consolidated profit increased by 64% in Q2 FY22. In Q2 FY22, the company reported a profit after tax (PAT) of Rs 378.95 crore, up from Rs 231.20 crore in the previous fiscal quarter, according to a BSE filing. In Q2 FY22, the company's net consolidated total income was Rs 1,556.53 crore, down 10% from Rs 1,723.09 crore in the same quarter the previous year. The company declared a dividend of Rs 2 per share on a face value of Rs 2 per equity share amounting to Rs 495.06 crore during the quarter. During the quarter, new sales bookings increased by 77% year on year to Rs 1,512 crore. According to the media, the company's net debt as of September 30, 2021, was Rs 3,985 crore. DLF's rental arm, DLF Cyber City Developers (DCCDL), which is a joint venture with GIC, reported a net profit of Rs 231 crore in Q2 FY22, up 36% year on year. According to the company's media release, consolidated revenue increased to Rs 1,123 crore from Rs 1,040 crore during the same period. According to the company's regulatory filing, the regional director, Northern Region, New Delhi (Central Government) approved the scheme of amalgamation of the following companies during the quarter ended September 30, 2021. The transferor company is Laxmibanta Estates Developers, and the transferee company is Sagardutt Builders & Developers. The transferor company is Cirila Builders and Constructions, and the transferee company is Verano Builders & Developers. The transferor company is Kambod Real Estates, Shikhi Estates, and the transferee company is Qabil Builders 8c Developers. The transferor company is Fabrizio Real Estates, Karena Estates Developers, and the transferee company is Vamil Builders & Developers. The transferor company is Rajika Estate Developer, and the transferee company is Uncial Builder & Constructions. The transferor companies are Arva Builders & Developers, Balint Real Estates, Havard Builders & Developers, Mujaddid Builders & Developers, and Akina Builders & Developers. The transferor companies are Abheek Real Estate, Anuroop Builders & Developers, Charon Elevators, Grism Builders & Developers, Luvkush Builders, Peace Buildcon, Vismay Builders & Developers, and Ananti Builders & Construction. Image Source Also read: Godrej Properties gets Rs 575 cr from home sales in Noida project

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Infrastructure Transport

05 Feb 2026

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Infrastructure Transport

05 Feb 2026

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..