DLF announces Financial Results for Q3FY23

New Delhi, January 25, 2023: DLF Limited, announced its Q3FY23 results on Wednesday. 

Financial Highlights for Q3FY23 – DLF Limited (Consolidated)

• Consolidated Revenue stood at Rs. 1,560 crore
• Gross margins at 59%
• EBITDA stood at Rs 542 crore
• Net Profit at Rs 515 crore, reflecting Y-o-Y growth of 35%

A release issued by the company says that, residential business delivered a strong performance and clocked one of the highest quarterly new sales bookings of Rs 2,507 crore, reflecting a Y-o-Y growth of 24%. Cumulative new sales for 9MFY23 stood at Rs 6,599 crore, reflecting a Y-o-Y growth of 45%.

Financial Highlights for Q3FY23 – DLF Cyber City Developers Limited (Consolidated)

The office portfolio continues its gradual path to recovery. Strong momentum across the retail business continues.

• Rental income grew to Rs 1,003 crore, Y-o-Y growth of 15%;
• Consolidated Revenue of Rs 1,363 crore as compared to Rs 1,176 crore last year, reflecting a 16% Y-o-Y growth
• EBITDA stood at Rs 1,061 crore, Y-o-Y growth of 16%
• Net Profit at Rs 358 crore, reflecting a Y-o-Y growth of 27%