NEW DELHI: DLF has reported a growth of 61.46 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 1058.73 crore in Q3 FY25 as against Rs 655.71 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at Rs 1,737.47 crore in Q3 FY25, a growth of 5.72 per cent from Rs 1,643.51 crore it recorded in the similar quarter last year.
National Company Law Tribunal (NCLT), Chandigarh bench has approved the scheme of amalgamation involving Chamundeswari Builders, DLF Gardencity Indore, DLF IT Offices Chennai, DLF Residential Developers, Latona Builders & Constructions and Livana Builders & Developers with DLF Home Developers in November 2024.
New sales bookings stood at Rs 12,093 crore during the quarter. New sales bookings for the first nine months of the fiscal year were at Rs 19,187 crore.
The operating cash surplus generated during the quarter was Rs 1,850 crore, consequently the net cash position stood at Rs 4,534 crore at the end of the period.
DLF Cyber City Developers‘ (DCCDL) consolidated revenue stood at Rs 1,609 crore in Q3 FY25, reflecting year-on-year growth of 9%; consolidated profit for the quarter stood at Rs 941 crore, registering a healthy growth of 117% as compared to Q3 FY24.
“Development of subsequent phases of Downtown, Chennai and Downtown, Gurugram totaling around 11 million sq ft remains on track. Our ongoing projects, including Atrium Place in Gurugram and three retail malls, are expected to be completed soon with rents commencing in the next fiscal,” the company said in a media release.
