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DLF Eyes Revenue Growth from FY28 as ₹75,000 Cr Projects Near Completion
Sentiment: NeutralHigh Priority
What Happened?
DLF Limited anticipates revenue growth starting FY28 as projects worth ₹75,000 crore approach completion. The company follows a completed contract accounting method, recognizing revenue only after project completion.
Key points
- DLF's CFO Badal Bagri stated that revenue recognition will begin in FY28.
- The company has launched projects worth approximately ₹75,000 crore.
- DLF follows a completed contract accounting method for revenue recognition.
- The Dahlias project has seen a 10% price increase this quarter.
- Construction outflows may temporarily decline due to labor migration during the festive season.
- DLF expects a quarterly exit run rate of ₹175-180 crore from its rental portfolio.
Key insights
- The completion of projects may lead to increased cash flow for DLF.
- Price increases in projects like Dahlias could enhance profitability.
- Temporary declines in construction outflows may affect project timelines.
Why it matters
DLF's projected revenue growth could impact the real estate market and investor confidence in the coming years.
Tags
Entities
DLF Limited· CompanyBadal Bagri· PersonAakash Ohri· PersonAshok Tyagi· Person
Source
Business Standard
