DLF Limited — Updates, 24-01-2025: Press Release

**Financial Highlights:**

DLF Limited reported consolidated revenue of Rs 1,738 crore for Q3FY25, with remarkable gross margins at 52%. Net profit surged to Rs 1,055 crore, reflecting robust financial health. New sales bookings reached a record Rs 12,093 crore, primarily driven by strong demand for its super luxury project, The Dahlias, which alone accounted for Rs 11,816 crore in new bookings. The company's net cash position further improved to Rs 4,534 crore, bolstered by an operating cash surplus of Rs 1,850 crore for the quarter.

**Strategic Initiatives and Growth Drivers:**

The company is focused on continuing its growth trajectory in development, evidenced by its record new sales bookings and significant ongoing projects, including Downtown in Chennai and Gurugram.

**Business Developments:**

DCCDL contributed to this success, posting consolidated revenue of Rs 1,609 crore and impressive profit growth of 117% YoY.

**Market Position and Competitive Advantage:**

DLF maintains a strong balance sheet and cash flow generation capabilities, positioning it well to capitalize on structural growth opportunities within the real estate market.

**Investor Implications:**

The strong performance and positive outlook highlight significant growth potential for investors, particularly as DLF leverages its extensive land bank and diverse product pipeline.