DLF shares dip 2% as Q1 revenue tumbles 53%, but Nomura and others maintain Buy. Here's why

DLF shares saw a decline after reporting muted first-quarter results for FY27. The company's net profit grew minimally while revenue from operations experienced a significant year-on-year drop. New sales bookings were impacted by deferred launches, which are expected to commence from the second quarter. Brokerages largely retained their 'Buy' ratings, anticipating future growth from upcoming project introductions.

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