DLF, one of India’s leading real estate developers, has reported impressive financial results for the first quarter of the 2026 fiscal year. The company announced a 19% increase in net profit, reaching Rs. 766 crore, a significant jump from the Rs. 654.6 crore reported in the same period last year.
The company’s revenue figures were even more striking, nearly doubling with a 91% surge to Rs. 2,717 crore. This growth was fueled by a 78% year-on-year increase in bookings, indicating strong demand for DLF’s properties. In fact, the company has already achieved over half of its sales guidance for the entire fiscal year in this first quarter alone.
Despite these robust numbers, DLF’s stock performance tells a different story. On Tuesday, the company’s shares were trading at Rs. 779.90, down by 1.63% in intraday trading. This continues a recent downward trend, with the stock falling over 6% in the past month.
So, why are the DLF share price falling?
Market analysts suggest that the dip in share price is likely due to profit-booking by investors. The stock had a strong run-up in the months leading up to the earnings announcement, as investors anticipated positive results. Now that the news is out, many are choosing to cash in on their gains.
Another contributing factor could be the company’s EBITDA margins, which saw a decline from 16.7% to 13.4% year-on-year. This is attributed to rising operational costs. Broader market weakness may also be playing a role in the stock’s performance.
Despite the recent dip, the long-term outlook for DLF remains positive, according to technical analysts. The strong booking numbers and revenue growth are encouraging signs for the company’s future performance.
Source:- GR
