DLF Reports Strong FY26 Earnings And Robust Sales Bookings

15 May 2026 CW Team

DLF Limited reported a strong close to fiscal 2026 as robust earnings, healthy sales bookings and significant cash generation underlined sustained demand across its portfolio. The group reported net profit before exceptional items of Rs 42.56 billion (bn) for the year, representing year-on-year growth of 16 per cent, and new sales bookings of Rs 201.43 bn. The company reported net surplus cash generation of Rs 77.46 bn and a net cash position of Rs 141.55 bn, with a zero gross debt position in the development business.

In the fourth quarter consolidated revenue stood at Rs 24.52 bn, with gross margins of 46 per cent and EBITDA of Rs 6,910 million (mn). Quarter net profit was Rs 12.65 bn. For the full year consolidated revenue reached Rs 101.74 bn, gross margins were 39 per cent and EBITDA was Rs 30.70 bn. Record net cash surplus generation for the year was Rs 77.46 bn, up 25 per cent year-on-year.

DLF Cyber City Developers reported consolidated revenue of Rs 73.93 bn, EBITDA of Rs 57.18 bn and net profit before exceptional items of Rs 27.26 bn, up 38 per cent year-on-year. New sales bookings were anchored by three launches, with the luxury Privana North phase recording sales of more than Rs 110 bn, Westpark in Mumbai monetising over Rs 23 bn and The Dahlias achieving about Rs 48 bn. The company said the response to launches demonstrated brand strength and the appeal of integrated ecosystems with supporting infrastructure.

The group said its rental portfolio stands at 50 msf and operates at an industry-leading occupancy of 95 per cent and that measured capital deployment will remain a focus to drive annuity growth. The board has recommended a dividend of Rs eight per share, reflecting a 33 per cent increase in payout year-on-year. With a significant land bank, a robust launch pipeline and consistent cash flow generation, the company said it is well placed to deliver sustained profitable growth and long-term value for stakeholders.

Infrastructure Transport

15 May 2026

Pune Division to Remove All Diamond Crossings by Year-End

The Pune railway division has announced plans to remove all 16 diamond crossings by the end of 2026 as part of a major yard remodelling project following the derailment of a Vande Bharat Express at Pune Junction on April 27. Railway authorities said the replacements aim to improve safety and streamline train operations across the busy station. The decision followed a Central Railway finding that the accident involved a non-standard diamond crossing and highlighted the need for replacement. Regular maintenance of existing crossings will continue until the replacement work is completed. Official..

Goa Declares 80 Million Square Metres No Development Zone

The Goa state government has declared 80 million square metres (mn) of land a no development zone, designating the area as protected from new construction. The notification reclassifies tracts across the state under a no development category for planning and regulatory purposes. The declaration signals a formal halt to new building permits within the defined zone. Authorities indicated that maps will be issued to show broad boundaries while detailed surveys will refine precise limits. The move transfers responsibility for enforcement to local planning authorities and relevant departments, whic..

Micro Mitti To Invest Rs Three Billion In Indore Project

Micro Mitti has announced an investment of Rs three billion (Rs 3 bn) to develop a commercial project in Indore. The company said the allocation marks a significant commitment to the city's real estate sector and will target commercial space demand. The announcement follows the firm's stated strategy to expand its asset base outside its existing markets. Company executives outlined the plan in a corporate release and provided limited additional details. The commercial project is intended to serve office, retail and related uses in response to demand from businesses and consumers in the region...