DLF Ltd, involved in real estate development and related services including leasing, power generation, and hospitality, reported a decline in profits for Q2FY26 largely influenced by lower revenues.
Financial Highlights:
- Revenues declined 16.81% year-on-year to ₹1,643 crore from ₹1,975 crore.
- Total expenses decreased 9.53% to ₹1,452 crore from ₹1,605 crore.
- Consolidated net profit fell 14.55% to ₹1,180 crore from ₹1,381 crore.
- Earnings per share declined 14.52% to ₹4.77 from ₹5.58.
The profit decline was driven primarily by the fall in revenues, although expenses also reduced, partially alleviating the impact on profitability.
Outlook:
DLF Ltd is focused on enhancing operational efficiencies, optimizing its project pipeline, and strengthening its leased asset portfolio to improve future financial performance.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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