DLF Share Price: Shares of realty major DLF surged nearly 6 per cent on Tuesday after the firm's consolidated net profit jumped 39 per cent in the January-March quarter. In the early trade, the stock jumped 5.84 per cent to Rs 780.50 on the BSE while on the NSE, it climbed 5.86 per cent to Rs 780.95. At around 12:13, the shares of real estate company were trading at Rs 764.10, up 3.59% on NSE against previous sessions's closing price. 

While DLF Ltd's sales bookings reached a record Rs 21,223 crore in the entire 2024–25 due to strong demand for luxury homes, the company's consolidated net profit increased by 39% to Rs 1,282 crore in the January–March quarter on higher revenue.

Due to strong pre-sales of its ultra-luxury housing project "The Dahlias" in Gurugram, the company's sales bookings increased 44% from Rs 14,778 crore in the previous fiscal year, DLF said in a statement on Monday.

In the final quarter of FY25, DLF's net profit increased by 39% to Rs 1,282.2 crore from Rs 919.82 crore in the same period last year. During the January-March quarter of the 2024–25 fiscal year, total income increased to Rs 3,347.77 crore from Rs 2,316.7 crore during the same period the year before.

During the 2024–25 fiscal year, DLF's net profit climbed from Rs 2,723.53 crore to Rs 4,366.82 crore. In the most recent fiscal year, total income increased to Rs 8,995.89 crore from Rs 6,958.34 crore in the fiscal year 2023–2024. Subject to shareholder approval, the board approved a dividend of Rs 6 per equity share for 2024–2025, with a face value of Rs 2 per share.

This is a developing story..