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Reading: DLF Exceeds Annual Expectations with Impressive Q3 Performance
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DLF reports strong Q3 results, surpasses annual guidance
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > DLF Exceeds Annual Expectations with Impressive Q3 Performance
Economy

DLF Exceeds Annual Expectations with Impressive Q3 Performance

Economy Desk By Economy Desk January 27, 2025 2 Min Read
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DLF’s stock price increased by 2.58% to ₹712.95 on the BSE at 11.44 AM on Monday following the company’s announcement of a consolidated net profit of ₹1,738 crore for the quarter ending on December 31, 2024. The company reported a gross margin increase of 52% for the third quarter of the fiscal year 2025.

The net profit for DLF stood at ₹1,055 crore, with a net cash position of ₹4,534 crore. The company achieved new sales bookings of ₹12,093 crore during the quarter, with The Dahlias in DLF 5, Gurugram, contributing ₹11,816 crore to the total bookings. This strong performance led DLF to surpass its annual earnings guidance, with cumulative new sales bookings reaching ₹19,187 crore for the first nine months of FY25.

DLF Cyber City Developers Limited (DCCDL) also reported a strong quarter, with consolidated revenue of ₹1,609 crore, a year-over-year growth of 9%. Consolidated profit for the quarter reached ₹941 crore, showing a significant 117% growth compared to the same period last year. DLF’s operating cash flow remained robust, generating ₹1,850 crore during the quarter and improving the net cash position to ₹4,534 crore.

The company’s strong financial performance and improved cash position have positioned DLF well for future growth and development.

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