DLF shares slip 1% even as Q1 PAT rises 18% YoY; revenue doubles to Rs 2,716 cr
ADVERTISEMENT The profit growth, attributable to the owners of the holding company, came on the back of a significant surge in operational revenue. Revenue from operations jumped 99% YoY to Rs 2,716 crore, compared to Rs 1,362 crore in Q1 FY25, driven by strong sales performance and successful project launches.
However, on a sequential basis, PAT declined 40% from Rs 1,282 crore in Q4 FY25, while revenue fell 13% from Rs 3,128 crore in the March quarter.
The company's EBITDA stood at Rs 628 crore, up 6% YoY, but down 48% quarter-on-quarter.Total expenses rose sharply to Rs 2,466 crore, a 94% YoY increase from Rs 1,272 crore in Q1 FY25, and a 7% rise sequentially. The increase was mainly due to land acquisition, development costs, employee benefits, and finance costs.Despite higher expenses, DLF delivered a strong operational quarter with new sales bookings of Rs 11,425 crore, marking a robust 78% YoY growth.
ADVERTISEMENT The uptick in sales was primarily led by the successful launch of the DLF Privana ecosystem. The company also reported collections of Rs 2,794 crore and a net cash surplus of Rs 1,131 crore for the quarter.On Monday, the shares of DLF closed 2% higher at Rs 793.65 on BSE.
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