DLF Q2FY27 slides: strong cash flow masks revenue recognition lag
DLF Limited reported a 31% year-over-year increase in consolidated profit after tax to INR 1,301 crore in Q2FY27, driven by strong sales bookings and robust operating cash flow. The company's completed contract accounting method has resulted in a lag between revenue recognition and actual sales, which is reflected in the revenue figures.
Despite this, DLF demonstrated healthy financials with net cash position of INR 15,084 crore and maintained strong credit ratings of AAA/Stable from both ICRA and CRISIL. The commercial real estate arm, DCCDL, reported a 9% year-over-year growth in rental income and retained its AAA ratings.
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