Analysts, however, said the quarter's performance did not point to a structural weakening in housing demand, with customer response remaining healthy for projects launched during the quarter
DLF expects its retail portfolio to sustain healthy growth as premiumisation lifts footfalls, consumption rises 11-12 per cent and new mall projects support rental income
DLF's Q1 presales slumped due to no launches, but a ₹60,000-crore-plus project pipeline and strong cash position keep analysts positive on the stock
Among interest rate sensitives, Exide, Uno Minda, Bosch, Tata Motors CV, Ashok Leyland, Godrej Properties, DLF and Lodha Developers gained 3-5% in Wednesday's intra-day trade post RBI policy.
Developer says weak first-quarter bookings reflected deferred launches and expects projects in Gurugram, Mumbai and Goa to help achieve its FY27 sales target.
The company posted weak first-quarter results as the firm's consolidated revenue fell to Rs 1,605.56 crore, a decline of 46 per cent from the year-ago period.
Realty major reports a 4% rise in net profit despite a sharp fall in revenue, with deferred project launches weighing on sales bookings during the June quarter
Realty major DLF Ltd on Monday reported a 4 per cent increase in its consolidated net profit to Rs 793.90 crore for the quarter ended June despite a fall in total income. Its net profit stood at Rs 762.67 crore in the year-ago period. Total income declined to Rs 1605.56 crore in the first quarter of the 2026-27 fiscal from Rs 2,980.88 crore in the corresponding period of the preceding year, according to a regulatory filing. DLF is the country's largest real estate developer in terms of market capitalisation.
Q1FY27 company results: Firms including KEI Industries, Torrent Power, Ather Energy, JM Financial, Nazara Technologies, and INOX India are also to release their April-June earnings today
Pre-sales numbers for most real estate developers are expected to stay on track in Q1FY27 to achieve targets for FY27, even as top developers like Oberoi and DLF did not launch projects this quarter
The Nifty Realty index recouped its two-day loss on Thursday led by strong gains in Brigade Enterprises, Phoenix Mills, DLF and Godrej Properties.
The BSE Realty index turned positive on an YTD basis in July, having gained over 43% from its calendar year low. Analysts flag a positive bias in the short-term, but caution over long-term; here's why
Nifty Realty index: MOFSL named Macrotech Developers (Lodha) as its preferred pick among large-cap players and also maintains a positive view on DLF and Godrej Properties
Developers have become selective in launching new projects: Analysts
MOFSL has Buy ratings on Lodha Developers, DLF, Godrej Properties, and AB Real Estate, while it has a Neutral rating on Oberoi Realty
Weekly market outlook by Ajit Mishra: The analyst from Religare Broking says Nifty remains in consolidate mode; among stocks he recommends buying DLF, L&T Finance and Paytm this week.
Market outlook: Nifty and Bank Nifty are likely to remain rangebound until a decisive breakout on either side, says Jatin Gedia, VP - Technical Research at Teji Mandi Investment Technologies.
Anand Rathi attributed the slowdown in the real estate sector to weaker hiring and salary growth, particularly in the IT sector, along with subdued capital market performance over the past two years.
At 09:36 AM on Wednesday, the Nifty Realty index was the top sectoral loser, down nearly 1 per cent, as compared to 0.2 per cent rise in the Nifty 50.
Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)