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DLF reports 62% rise in sales bookings during April-September FY23

25 Oct 2022 Evaluate

DLF’s sales bookings rose 62 percent year-on-year during the April-September FY23 to Rs 4,092 crore on better demand for its housing properties. Its sales bookings stood at Rs 2,526 crore in the first half of the previous financial year. DLF has given guidance of sales bookings at Rs 8,000 crore for the current 2022-23 financial year, a 10 percent increase from the previous fiscal. Its sales bookings rose to Rs 7,273 crore in the 2021-22 fiscal from Rs 3,084 crore in the previous year.

DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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