This Realty Stock is in focus after it announced that they are making a strategic decision of slump sale of its IT/ITeS SEZ Business, which generated approx Rs. 86.26 Crore turnover in FY24.
Share Price Movement
With a market capitalization of Rs. 1,65,090 Crore, the shares of DLF Ltd opened at Rs. 657, around the same level as yesterday’s close, but after opening, it made a high of 667.50, up 1.66 percent. Additionally, the Yearly return for the stock is -22 percent, and the past 5-year return is an impressive 388 percent.
Update from the Company
The company has signed an agreement with Srijan Group to sell its Kolkata IT/ITeS SEZ assets. Assets include ~25.90 acres of land and the DLF Tech Park with ~10.54 lakh sq. ft. of leasable area. The Deal value is approx. Rs. 693 crore, subject to adjustments as per the agreement signed on April 16, 2025.
The company also stated that the transaction is made as part of a business strategy to generate revenue, improve cash flow, which will result in an increase in shareholders’ value
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Financial Highlights
The company reported a 0.52 percent YoY increase in revenue from Rs. 1,521 Crore in Q3FY24 to Rs. 1,529 Crore in Q3FY25. On a QoQ basis, the company reported a decrease of 22.58 percent in revenue from Rs. 1,975 Crore in the previous quarter.
Their Net profit saw an increase of 61.43 percent YoY from Rs. 659 Crore to Rs. 1,059 Crore for the same period. On a QoQ basis, the company reported a decrease of 23.31 percent in Net profit from Rs. 1,381 Crore in the previous quarter.
About the Company
DLF Limited is one of India’s largest and most prominent real estate development companies, with a legacy spanning over seven decades. Headquartered in Gurugram, DLF operates across residential, commercial, and retail segments, developing integrated townships, luxury residences, office spaces, and shopping malls. The company is known for shaping the urban landscape of Delhi-NCR and other key Indian cities with landmark projects.
Written By Abhishek Das
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