DLF Q1 profit up 4% at ₹794 cr; revenue declines 46%, pre-sales plunge 94%

DLF Q1 profit up 4% at ₹794 cr; revenue declines 46%, pre-sales plunge 94%

DLF's Q1 net profit +4% masked deep stress: revenue -46%, pre-sales -94% from delayed launches. Resilience came from joint ventures, not core sales; company now reliant on rental annuity business (95% occupancy) as traditional development cycle strains.