DLF Limited saw its market capitalization increase by ₹12,551 crore as its share price surged 6.53% to ₹827.75. The company’s total market cap now stands at ₹2,04,708.55 crore, driven by strong trading volumes and positive sentiment in the residential and commercial real estate sector.
With a 52-week low of ₹513.50 and a high of ₹967.60, DLF’s stock has been trending upwards, reflecting investor confidence in the company’s growth trajectory. This upward movement has further cemented DLF’s position as a key player in the Indian real estate market.
DLF Limited has announced robust financial results for the second quarter ending September 30, 2024, posting significant year-on-year growth in both revenue and profit. The company reported a 122% increase in net profit, rising to ₹1,381.22 crore from ₹621.89 crore in Q2 FY24. The surge in profits was driven by strong sales growth and improved operational efficiencies.
Key Financial Highlights (Q2 FY25 vs Q2 FY24):
- Revenue from operations: ₹1,975.02 crore, up 46.5% from ₹1,347.68 crore
- Total income: ₹2,180.83 crore, up 47.7% from ₹1,476.42 crore
- Profit before tax (PBT): ₹576.61 crore, up 24.4% from ₹463.97 crore
- Net profit: ₹1,381.22 crore, a 122% rise from ₹621.89 crore
- Total expenses: ₹1,604.22 crore, up 58.4% from ₹1,012.45 crore
- Earnings per share (EPS): ₹5.58, up from ₹2.52, reflecting a 121.4% increase
