DLF Limited — Important, 04-08-2025: Updates

DLF delivered a strong FY24-25, with Net Profit soaring ~60% to ₹ 4,356 Cr. New Sales Bookings hit ₹ 21,223 Cr, up ~44% year-on-year. The annuity portfolio maintained high occupancy at ~94% across 46 msf, with new buildings completed and three retail properties set to open. Collections grew 36% to ₹ 11,773 Cr, generating a Net Cash Surplus of ₹ 5,302 Cr. The company has a robust pipeline for development and targets ₹ 10,000 Cr annual rental revenues from its annuity business medium-term, capitalizing on India's economic growth and urbanization.