Indian real estate: DLF reports profit growth amid shifting private equity trends

DLF Limited reported a consolidated net profit of Rs 1,301 crore for the second quarter of FY27, marking an 11% year-on-year increase. The company's revenue for the period reached Rs 2,298 crore, with gross margins at 47%. DLF achieved new sales bookings of Rs 3,800 crore, supported by the complete sell-out of its luxury retirement housing project, The Aureva, in Gurugram.

DLF's rental arm, DLF Cyber City Developers Limited (DCCDL), saw a 17% year-on-year rise in net profit to Rs 752 crore. The group maintains a net cash position of Rs 15,084 crore.

In the broader Indian real estate sector, private equity inflows reached $1.3 billion in Q3 2026, a 33% decrease from the previous quarter due to macroeconomic uncertainties. However, year-to-date inflows for 2026 reached $4.5 billion, a 16% increase compared to the same period in 2025. The hospitality segment led Q3 investments with a 26% share, followed by industrial and logistics at 22%.