DLF Q4FY26 Profit Slips Slightly; Revenue Drops 42%, ₹8 Dividend Declared

By Kotak News Desk
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22 May 2026 at 5:31 PM IST
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Share Market News
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Summary

DLF reported stable Q4FY26 profit at ₹1,269 crore despite a 42% revenue decline. The company turned near debt-free, improved cash flow, secured rating upgrades, and announced an ₹8-per-share dividend.

DLF reported a consolidated net profit of ₹1,269 crore for the quarter ended March 2026, slightly lower than ₹1,282 crore recorded in the same period last year, marking a decline of around 1%. The profit after tax attributable to the company’s shareholders remained largely stable year-on-year. Meanwhile, revenue from operations during Q4FY26 dropped sharply by 42% to ₹1,814 crore, compared with ₹3,127 crore in the corresponding quarter of the previous fiscal.

DLF shares settled 0.36% lower at ₹572.05 on the National Stock Exchange on 13 May.

Key Financial Highlights


Total Income	₹2,093.82 crore	₹3,347.77 crore	-37.50%
Other Income	₹279.76 crore	₹220.19 crore	27.10%
Profit Before Tax (PBT)	₹649.07 crore	₹1,052.67 crore	-38.30%
Share of Profit from Associates & JVs	₹527.38 crore	₹410.78 crore	28.40%
Finance Costs	₹21.09 crore	₹108.60 crore	-80.60%
Employee Benefit Expenses	₹181.64 crore	₹128.96 crore	40.90%
Total Expenses	₹1,472.63 crore	₹2,295.10 crore	-35.80%
Earnings Per Share (EPS)	₹5.12	₹5.18	-1.20%

Additional Key Highlights of Q4FY26


Joint Ventures & Associates	Share of profit from associates and JVs rose to ₹527.38 crore from ₹410.78 crore
Investment in JVs & Associates	Investments stood at ₹20,481 crore as of the end of FY26
Debt Reduction	Total borrowings declined sharply, making the company nearly debt-free
Operating Cash Flow	Operating cash flow rose to ₹6,347 crore in FY26
Restructuring & Amalgamations	Multiple group entities merged into core subsidiaries and the parent company
Credit Rating Upgrade	CRISIL upgraded the long-term rating to AA+/Stable; ICRA also upgraded the outlook to Stable
Exceptional Income Recovery	Settlement in the Twenty-Five Downtown Realty/JHL dispute led to recovery-related income
Inventory Base	Inventory remained above ₹24,700 crore

Also Read - Tata Motors Q4 FY26 Results: CV Business Revenue Rises 22%, PAT Jumps 70%

Dividend Declaration

DLF’s board recommended a dividend of ₹8 per equity share for FY26, subject to shareholder approval at the upcoming annual general meeting.

Sources

Economic Times

Q4 Financial Results

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