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.
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