DLF Ltd Q4FY22 PAT down -15.72% at Rs405.33 crore on lower other income in the quarter

19 May 2022 , 08:36 AM

DLF Ltd reported -13.35% fall in revenues yoy for the Q4FY22 quarter on consolidated basis at Rs1,652 crore. On a sequential basis, revenues were lower for the quarter by -2.06%.

Full year FY22 revenues were up 3.25% at Rs6,138 crore. Housing demand was in a secular upswing in the quarter with new sales bookings in FY22 up 136% at Rs7,273 crore.

More than one-third was contributed by the DLF super luxury offerings with maximum sales traction seen in the luxury and super luxury segments.

Office occupancy improved to 88% with broad recovery and showing collections of 100% during the full fiscal FY22.

The consolidated net profit for Q4FY22 was lower by -15.72% at Rs405.33 crore while it was up on sequential basis by 6.81%.

For Q4FY22, EBITDA grew by 23% for the quarter at Rs472 crore with 200 bps expansion in the EBITDA margins. The board of DLF has recommended a final dividend of Rs3 per share.

The company witnessed a virtual doubling of the net cash flow from operations for FY22 compared to FY21. Net margins were 24.53% in Q4FY22 quarter compared to 25.23% in Q4FY21. NPM was higher compared to 22.5% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	DLF Ltd
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 1,652.13	₹ 1,906.59	-13.35%	₹ 1,686.92	-2.06%
Net Profit (Rs cr)	₹ 405.33	₹ 480.94	-15.72%	₹ 379.48	6.81%
Diluted EPS (Rs)	₹ 1.64	₹ 1.94		₹ 1.53
Net Margins	24.53%	25.23%		22.50%