| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,261 | 1,643 | −23.3% |
| EBITDA | 23.0 | 284 | −91.9% |
| EBITDA margin | 1.8% | 17.3% | −15.4 pts |
| Profit before tax | 1,003 | 1,045 | −4.0% |
| Net profit | 1,301 | 1,180 | +10.3% |
| EPS | ₹5.25 | ₹4.77 | +10.1% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 1,261 | 1,280 | 1,814 | 2,020 | 1,643 | 2,717 | 3,128 | 1,529 | 1,975 | 1,362 | 2,135 | 1,521 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 1,037 | 325 | 280 | 459 | 619 | 264 | 220 | 209 | 206 | 367 | 182 | 122 | ||
| 2,297 | 1,606 | 2,094 | 2,480 | 2,262 | 2,981 | 3,348 | 1,737 | 2,181 | 1,730 | 2,317 | 1,644 | ||
Expenses | |||||||||||||
| 750 | 714 | 807 | 1,159 | 935 | 1,948 | 1,652 | 738 | 1,080 | 662 | 862 | 664 | ||
| 179 | 177 | 182 | 168 | 146 | 144 | 129 | 134 | 165 | 164 | 124 | 126 | ||
| 18.2 | 17.6 | 21.1 | 36.3 | 63.1 | 78.6 | 109 | 93.9 | 93.5 | 101 | 97.7 | 83.7 | ||
| 38.2 | 35.1 | 48.3 | 30.2 | 29.5 | 34.5 | 36.9 | 38.7 | 37.7 | 37.3 | 36.7 | 38.0 | ||
| 308 | 239 | 415 | 304 | 278 | 260 | 369 | 257 | 228 | 308 | 396 | 221 | ||
| 1,294 | 1,183 | 1,473 | 1,697 | 1,452 | 2,466 | 2,295 | 1,261 | 1,604 | 1,272 | 1,515 | 1,132 | ||
| 23.0 | 150 | 411 | 390 | 284 | 364 | 978 | 400 | 502 | 229 | 754 | 511 | ||
| −15.2 | 115 | 363 | 360 | 254 | 330 | 941 | 361 | 464 | 191 | 717 | 473 | ||
Profit | |||||||||||||
| 1,003 | 423 | 621 | 783 | 810 | 515 | 1,053 | 476 | 577 | 458 | 802 | 512 | ||
| 0.0 | 0.0 | 27.9 | −60.2 | 235 | 0.0 | 0.0 | −302 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 1,003 | 423 | 649 | 723 | 1,045 | 515 | 1,053 | 174 | 577 | 458 | 802 | 512 | ||
| 43.5 | 29.4 | −98.4 | 31.5 | 60.3 | 93.3 | 37.5 | 553 | 37.9 | 48.3 | 65.9 | 23.6 | ||
| 158 | 85.3 | 6.2 | −38.9 | 216 | 39.9 | 144 | −820 | −505 | 70.1 | 106 | 111 | ||
| 201 | 115 | −92.1 | −7.4 | 276 | 133 | 181 | −267 | −467 | 118 | 171 | 135 | ||
| 499 | 486 | 527 | 473 | 412 | 381 | 411 | 618 | 338 | 305 | 290 | 279 | ||
| 1,301 | 794 | 1,269 | 1,203 | 1,180 | 763 | 1,282 | 1,059 | 1,381 | 645 | 920 | 656 | ||
| 802 | 308 | 741 | 730 | 769 | 382 | 871 | 440 | 1,043 | 339 | 630 | 377 | ||
| −0.6 | −0.4 | −4.0 | 3.3 | −9.0 | 3.4 | −14.1 | −4.0 | 5.8 | 1.7 | 6.4 | −7.6 | ||
| 1,301 | 794 | 1,265 | 1,207 | 1,171 | 766 | 1,268 | 1,055 | 1,387 | 646 | 926 | 648 | ||
| 1,301 | 794 | 1,269 | 1,203 | — | 763 | 1,282 | 1,059 | 1,381 | 646 | 921 | 657 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.1 | −0.9 | −0.9 | −0.9 | ||
Per share | |||||||||||||
| ₹5.25 | ₹3.21 | ₹5.12 | ₹4.86 | ₹4.77 | ₹3.08 | ₹5.18 | ₹4.28 | ₹5.58 | ₹2.61 | ₹3.72 | ₹2.65 | ||
| ₹5.25 | ₹3.21 | ₹5.12 | ₹4.86 | ₹4.77 | ₹3.08 | ₹5.18 | ₹4.28 | ₹5.58 | ₹2.61 | ₹3.72 | ₹2.65 | ||
Other comprehensive income — detail | |||||||||||||
| −0.6 | −0.4 | −4.0 | 3.3 | −9.0 | 3.4 | −14.1 | — | — | — | — | — | ||
| −0.7 | −0.5 | −4.3 | 4.8 | −11.9 | 3.3 | −15.7 | −4.9 | — | 1.7 | 6.9 | −9.3 | ||
| −0.1 | −0.1 | −0.4 | 1.4 | −2.9 | −0.1 | −1.6 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | −1.0 | −2.5 | 0.0 | 0.5 | −1.8 | ||
| — | — | — | — | — | — | — | — | −3.3 | 0.0 | 0.0 | 0.0 | ||
| 1,301 | 794 | 1,265 | 1,207 | — | 766 | 1,268 | 1,055 | 1,387 | 647 | 927 | 649 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.1 | −0.9 | −0.9 | −0.9 | ||
Per share — as-filed variants | |||||||||||||
| ₹5.25 | ₹3.21 | ₹5.12 | ₹4.86 | ₹4.77 | ₹3.08 | ₹5.18 | ₹4.28 | ₹5.58 | ₹2.61 | ₹3.72 | ₹2.65 | ||
| ₹5.25 | ₹3.21 | ₹5.12 | ₹4.86 | ₹4.77 | ₹3.08 | ₹5.18 | ₹4.28 | ₹5.58 | ₹2.61 | ₹3.72 | ₹2.65 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 510 | 566 | 1,007 | 862 | 708 | 768 | 1,476 | 790 | 895 | 701 | 1,273 | 857 | ||
| 40.5% | 44.2% | 55.5% | 42.7% | 43.1% | 28.3% | 47.2% | 51.7% | 45.3% | 51.4% | 59.6% | 56.3% | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 1,003 | 423 | 621 | 783 | 810 | 515 | 1,053 | 476 | 577 | 458 | 802 | 512 | ||
| 0.0 | 0.0 | 27.9 | −60.2 | 235 | 0.0 | 0.0 | −302 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 1,301 | 794 | 1,241 | 1,264 | 1,007 | 763 | 1,282 | 1,361 | 1,381 | 645 | 920 | 656 | ||
| ₹5.25 | ₹3.21 | ₹5.01 | ₹5.10 | ₹4.07 | ₹3.08 | ₹5.18 | ₹5.50 | ₹5.58 | ₹2.61 | ₹3.72 | ₹2.65 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,521.3 | 2,134.8 | 1,362.4 | 1,975.0 | 1,528.7 | 3,127.6 | 2,716.7 | 1,643.0 | 2,020.2 | 1,814.1 | 1,280.3 | 1,260.6 | |
| Other Income | 122.3 | 181.9 | 367.5 | 205.8 | 208.8 | 220.2 | 264.2 | 618.8 | 459.3 | 279.8 | 325.2 | 1,036.7 | |
| Total Income | 1,643.5 | 2,316.7 | 1,729.8 | 2,180.8 | 1,737.5 | 3,347.8 | 2,980.9 | 2,261.8 | 2,479.5 | 2,093.8 | 1,605.6 | 2,297.3 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 664.1 | 861.7 | 661.7 | 1,080.1 | 738.3 | 1,651.6 | 1,948.3 | 935.0 | 1,158.5 | 806.7 | 714.3 | 750.2 | |
| + Employee Benefit Expense | 125.7 | 123.5 | 164.1 | 165.4 | 133.5 | 129.0 | 144.4 | 146.0 | 168.3 | 181.6 | 176.7 | 179.1 | |
| + Finance Costs | 83.7 | 97.7 | 101.2 | 93.5 | 93.9 | 108.6 | 78.6 | 63.1 | 36.3 | 21.1 | 17.6 | 18.2 | |
| + Depreciation & Amortisation | 38.0 | 36.7 | 37.3 | 37.7 | 38.7 | 36.9 | 34.5 | 29.5 | 30.2 | 48.3 | 35.1 | 38.2 | |
| + Other Expenses | 220.5 | 395.6 | 308.0 | 227.5 | 256.9 | 369.0 | 259.9 | 278.5 | 303.6 | 414.9 | 239.0 | 308.3 | |
| Total Expenses | 1,132.0 | 1,515.1 | 1,272.2 | 1,604.2 | 1,261.4 | 2,295.1 | 2,465.6 | 1,452.1 | 1,696.8 | 1,472.6 | 1,182.8 | 1,294.0 | |
| EBITDA | 511.0 | 754.1 | 228.6 | 502.0 | 400.0 | 978.0 | 364.2 | 283.6 | 389.9 | 410.8 | 150.3 | 23.0 | |
| EBIT | 473.0 | 717.4 | 191.3 | 464.3 | 361.3 | 941.1 | 329.7 | 254.0 | 359.7 | 362.5 | 115.2 | -15.2 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 511.5 | 801.6 | 457.6 | 576.6 | 476.1 | 1,052.7 | 515.3 | 809.7 | 782.8 | 621.2 | 422.8 | 1,003.3 | |
| + Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | -302.4 | 0.0 | 0.0 | 235.2 | -60.2 | 27.9 | 0.0 | 0.0 | |
| Pretax Income | 511.5 | 801.6 | 457.6 | 576.6 | 173.7 | 1,052.7 | 515.3 | 1,044.9 | 722.6 | 649.1 | 422.8 | 1,003.3 | |
| + Current Tax | 23.6 | 65.9 | 48.3 | 37.9 | 553.4 | 37.5 | 93.3 | 60.3 | 31.5 | -98.4 | 29.4 | 43.5 | |
| + Deferred Tax | 111.5 | 105.6 | 70.1 | -504.7 | -820.0 | 143.7 | 39.9 | 216.0 | -38.9 | 6.2 | 85.3 | 157.8 | |
| Tax Expense | 135.0 | 171.5 | 118.3 | -466.8 | -266.7 | 181.3 | 133.2 | 276.3 | -7.4 | -92.1 | 114.7 | 201.3 | |
| + Share of Associates & JVs | 279.2 | 289.7 | 305.4 | 337.8 | 618.3 | 410.8 | 380.6 | 411.6 | 473.3 | 527.4 | 485.8 | 499.3 | |
| Net Income | 655.7 | 919.8 | 644.7 | 1,381.2 | 1,058.7 | 1,282.2 | 762.7 | 1,180.1 | 1,203.4 | 1,268.6 | 793.9 | 1,301.4 | |
| + Net Income — Continuing Ops | 376.5 | 630.1 | 339.3 | 1,043.4 | 440.4 | 871.4 | 382.1 | 768.5 | 730.0 | 741.2 | 308.1 | 802.1 | |
| + Other Comprehensive Income | -7.6 | 6.4 | 1.7 | 5.8 | -4.0 | -14.1 | 3.4 | -9.0 | 3.3 | -4.0 | -0.4 | -0.6 | |
| Total Comprehensive Income | 648.2 | 926.2 | 646.4 | 1,387.0 | 1,054.7 | 1,268.2 | 766.0 | 1,171.1 | 1,206.7 | 1,264.6 | 793.5 | 1,300.8 | |
| Net Income to Common | 656.6 | 920.7 | 645.6 | 1,381.1 | 1,058.7 | 1,282.2 | 762.7 | — | 1,203.4 | 1,268.6 | 793.9 | 1,301.4 | |
| Minority Interest | -0.9 | -0.9 | -0.9 | 0.1 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | |
| Per Share | |||||||||||||
| Basic EPS | 2.65 | 3.72 | 2.61 | 5.58 | 4.28 | 5.18 | 3.08 | 4.77 | 4.86 | 5.12 | 3.21 | 5.25 | |
| Diluted EPS | 2.65 | 3.72 | 2.61 | 5.58 | 4.28 | 5.18 | 3.08 | 4.77 | 4.86 | 5.12 | 3.21 | 5.25 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | -14.1 | 3.4 | -9.0 | 3.3 | -4.0 | -0.4 | -0.6 | |
| + Items NOT to be Reclassified to P&L | -9.3 | 6.9 | 1.7 | — | -4.9 | -15.7 | 3.3 | -11.9 | 4.8 | -4.3 | -0.5 | -0.7 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | -1.6 | -0.1 | -2.9 | 1.4 | -0.4 | -0.1 | -0.1 | |
| + Tax on Items NOT to be Reclassified — alt tag | -1.8 | 0.5 | 0.0 | -2.5 | -1.0 | — | — | — | — | — | — | — | |
| + Tax on Items to be Reclassified — alt tag | 0.0 | 0.0 | 0.0 | -3.3 | — | — | — | — | — | — | — | — | |
| Comprehensive Income — Owners of Parent | 649.1 | 927.1 | 647.3 | 1,386.9 | 1,054.7 | 1,268.2 | 766.0 | — | 1,206.7 | 1,264.6 | 793.5 | 1,300.8 | |
| Comprehensive Income — Non-controlling Interests | -0.9 | -0.9 | -0.9 | 0.1 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 2.65 | 3.72 | 2.61 | 5.58 | 4.28 | 5.18 | 3.08 | 4.77 | 4.86 | 5.12 | 3.21 | 5.25 | |
| Diluted EPS — Continuing Operations | 2.65 | 3.72 | 2.61 | 5.58 | 4.28 | 5.18 | 3.08 | 4.77 | 4.86 | 5.12 | 3.21 | 5.25 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | 857.2 | 1,273.2 | 700.7 | 895.0 | 790.5 | 1,476.0 | 768.4 | 708.0 | 861.7 | 1,007.3 | 566.0 | 510.4 | |
| Gross Margin % | 56.35 | 59.64 | 51.43 | 45.31 | 51.71 | 47.19 | 28.28 | 43.09 | 42.65 | 55.53 | 44.21 | 40.49 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 511.5 | 801.6 | 457.6 | 576.6 | 476.1 | 1,052.7 | 515.3 | 809.7 | 782.8 | 621.2 | 422.8 | 1,003.3 | |
| − Exceptional Items (reconciliation) | 0.0 | 0.0 | 0.0 | 0.0 | -302.4 | 0.0 | 0.0 | 235.2 | -60.2 | 27.9 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | 655.7 | 919.8 | 644.7 | 1,381.2 | 1,361.1 | 1,282.2 | 762.7 | 1,007.1 | 1,263.5 | 1,240.7 | 793.9 | 1,301.4 | |
| EPS Adj | 2.65 | 3.72 | 2.61 | 5.58 | 5.50 | 5.18 | 3.08 | 4.07 | 5.10 | 5.01 | 3.21 | 5.25 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
| Paid Up Equity Capital | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | 495.1 | |
Filed with NSE on Friday, 16 October 2026 at 5:07 pm IST
DLF (NSE: DLF) reported its Q2 FY27 results (July–September 2026) on Friday, 16 October 2026 at 5:07 pm IST. Consolidated net profit was ₹1,301 crore, up 10.3% from ₹1,180 crore in Q2 FY26 and up 63.9% from ₹794 crore in Q1 FY27. Revenue from operations was ₹1,261 crore, down 23.3% year on year and down 1.5% from the previous quarter.
Consolidated net profit was ₹1,301 crore, up 10.3% from ₹1,180 crore in Q2 FY26 and up 63.9% from ₹794 crore in Q1 FY27.
Revenue from operations was ₹1,261 crore, down 23.3% year on year and down 1.5% from the previous quarter.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was −₹15.2 crore, a margin of −1.2%, against 9.0% in Q1 FY27 and 15.5% in Q2 FY26. EBITDA was ₹23 crore, 1.8% of revenue.
Net profit grew from a year earlier while revenue fell: net profit was up 10.3% at ₹1,301 crore, and revenue was down 23.3% at ₹1,261 crore. The operating margin was −1.2%, down 16.7 percentage points from 15.5% a year earlier. Against Q1 FY27, net profit was up 63.9% and revenue down 1.5%.
Consolidated net profit for the first half of FY27 (April–September 2026) was ₹2,095 crore, up 7.8% from ₹1,943 crore in the same months a year earlier. Revenue from operations was ₹2,541 crore, down 41.7%.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
Basic earnings per share were ₹5.25, against ₹4.77 in Q2 FY26.
DLF's net profit margin was 103.2% in Q2 FY27 (net profit as a share of revenue from operations), against 71.8% in Q2 FY26 (up 31.4 percentage points). For FY26 as a whole it was 53.9%.
On Friday, 16 October 2026 at 5:07 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 30 October 2025.
Net profit by quarter: ₹1,203 crore in Q3 FY26, ₹1,269 crore in Q4 FY26, ₹794 crore in Q1 FY27 and ₹1,301 crore in Q2 FY27. That is ₹4,567 crore over the four quarters, up 6.6% from ₹4,284 crore in the four quarters before. Revenue from operations: ₹2,020 crore, ₹1,814 crore, ₹1,280 crore and ₹1,261 crore.
Consolidated net profit was ₹4,415 crore in FY26 (April 2025–March 2026), up 1.1% from ₹4,368 crore in FY25. It was ₹2,727 crore in FY24 and ₹2,036 crore in FY23: up 116.8% over three years, 29.4% a year on average.
Revenue from operations was ₹8,194 crore in FY26 (April 2025–March 2026), up 2.5% from ₹7,994 crore in FY25. It was ₹6,427 crore in FY24 and ₹5,695 crore in FY23: up 43.9% over three years, 12.9% a year on average.
From DLF's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 16 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.