Real estate developer DLF reported a 10.3% year-on-year increase in consolidated net profit attributable to owners to ₹1,301.35 crore in the September quarter of financial year 2026-27 , compared with ₹1,180.09 crore in the corresponding quarter last year.
Consolidated revenue from operations declined 23.28% year on year to ₹1,260.58 crore from ₹1,643.04 crore. Total expenses fell 10.89% to ₹1,293.98 crore in the quarter under review, compared with ₹1,452.14 crore a year earlier, according to the company’s unaudited financial results released on Friday, October 16.

DLF’s earnings before interest, tax, depreciation and amortisation plunged 91.9% year on year to ₹23 crore from ₹284 crore. The EBITDA margin contracted sharply to 2% from 17% in the corresponding quarter last year. Sequential performanceOn a quarter-on-quarter basis, DLF’s consolidated net profit attributable to owners rose 63.92% to ₹1,301.35 crore in the September quarter from ₹793.90 crore in the June 2026 quarter.
Revenue from operations declined 1.54% from ₹1,280.34 crore in the preceding quarter. Total expenses, meanwhile, increased 9.40% to ₹1,293.98 crore from ₹1,182.80 crore in the June quarter. The real estate segment covers property development and ancillary activities, while the rental segment primarily comprises commercial and retail properties that generate rental income.

Revenue from the real estate segment stood at ₹1,102.98 crore in the September 2026 quarter, compared with ₹1,140.83 crore in the June quarter and ₹1,505.06 crore in the September 2025 quarter. The rental segment reported revenue of ₹164.57 crore in the quarter under review, up from ₹145.66 crore in the preceding quarter and ₹114.28 crore in the year-ago period.
DLF shares closed at ₹675 on October 16, up 0.67%, or ₹4.50, during the session. The stock has declined 1.80% year to date and 12.30% over the past year. Over shorter periods, it has gained 4.07% in one week, 8.38% in one month, 4.15% in three months and 14.46% in six months.

Over the longer term, the stock has delivered returns of 19.03% over three years and 55.21% over five years, while declining 23.71% over two years.