DLF Hits Milestone Zero Gross Debt as Q3 Profits Surge 29%

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DLF Hits Milestone Zero Gross Debt as Q3 Profits Surge 29%

The company recorded its highest-ever quarterly gross collections at approximately Rs 5,100 crore, a momentum that propelled the nine-month cumulative collections to Rs 10,216 crore.

DLF Limited has reported a landmark performance for the third quarter of fiscal year 2026, headlined by the successful achievement of a Zero Gross Debt status. The company recorded its highest-ever quarterly gross collections at approximately Rs 5,100 crore, a momentum that propelled the nine-month cumulative collections to Rs 10,216 crore. This robust liquidity position is further underscored by a net cash surplus of Rs 11,660 crore, reflecting a financial health so strong that ICRA recently upgraded the company’s credit rating to AA+/Stable.

On the profitability front, DLF maintained a trajectory of high-margin growth. Consolidated revenue for the quarter reached Rs 2,479 crore, while Net Profit (before exceptional items) surged by 29 per cent year-over-year to hit Rs 1,207 crore. Despite the focus on monetising existing inventory, the company remains confident in meeting its annual guidance, supported by a healthy appetite for its premium offerings and a disciplined approach to new product launches in the medium term.

The company’s annuity business, managed through DLF Cyber City Developers Limited (DCCDL), continues to provide a resilient and growing income stream. For Q3FY26, the rental arm reported a revenue of Rs 1,878 crore and an 18 per cent increase in EBITDA. The portfolio’s expansion remains a priority, evidenced by the addition of the DLF Summit Plaza in Gurugram, which brings the total retail presence to roughly 5 million square feet. With an operational portfolio of 49 million square feet and an active pipeline of under-Construction projects, DLF is well-positioned to capitalise on sustained demand for high-quality commercial and retail spaces.

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About DLF

DLF is India's leading Real Estate developer and has close to eight decades of track record of sustained growth, customer satisfaction, and innovation. DLF has developed more than 185 real estate projects and developed an area of more than 352 million square feet (approx.). DLF Group has 280 msf (approx.) of development potential across the residential and commercial segment including current projects under execution in the identified pipeline. The group has an annuity portfolio of over 49 MSF (approx). DLF is primarily engaged in the business of development and sale of residential properties (the “Development Business”) and the development and leasing of commercial and retail properties (the Annuity Business).

Disclaimer: The article is for informational purposes only and not investment advice.