DLF Ltd, India’s largest real estate developer, reported strong financial results for the first quarter of the current financial year (April-June 2025). The company’s net profit increased 18.13% year-on-year to ₹763 crore, versus ₹644.67 crore in the same period last year.

Sales Bookings Hit Record High

One of the important highlights of the quarter was DLF’s sales bookings with a 78% year-on-year increase. The company reported sales bookings of ₹11,425 crore for the quarter as compared to approximately ₹6,420 crore for Q1 last year. This increase in sales was mainly due to a healthy customer appetite for DLF’s newly launched luxury housing project in Gurugram. The company said this shows a better interest in purchasing premium homes of trusted, established developers.

Good News For Housing Demand

DLF remains positive on real estate with a particular emphasis on housing. It believes that a combination of a strong economy, increased interest in home ownership among people, and government policies supporting home ownership are keys to positive movement in real estate, including housing. DLF also stated that the company will maintain its focus on offering good quality homes, and to leverage on the land bank and future projects for prospective growth. Consolidated revenue from operations for Q1FY26 stood at ₹2,716.70 crore, nearly double compared to ₹1,362.35 crore in Q1FY25. However, it marked a 13.14% decline from ₹3,127.58 crore recorded in Q4FY25.

DLF’s strong performance in Q1, stemming from its leadership in the real estate sector and rising demand for the premium housing category, accompanied by the timely launches, provides potential upside to the stock. The company has a healthy pipeline of sales and finances to back its projects, and only if it operates under the umbrella of quality and sustainable growth will DLF reap sustained rewards from the housing market that it expects to benefit from in India for the foreseeable future.