DLF keeps FY27 sales target flat at Rs.20,000 crore, prioritises margins
Bengaluru, May 14 -- Realty major DLF Ltd has set a sales target of Rs.20,000 crore for FY27, unchanged from last year, as it prioritises margins and cash flows over aggressive pre-sales growth.
"We are comfortable in the Rs.20,000 crore sales trajectory. If we want, we can do sales of Rs.50,000 crore in a year also," DLF managing director Ashok Tyagi said during an analyst call on Thursday. "We have the land and the demand. What we have to do is chase margins and cash flows, which we believe is the primary objective and not chasing pre-sales."
The developer has lined up launches worth around Rs.20,000 crore this year across Gurugram, Mumbai and Goa.
DLF on Wednesday reported a net profit of Rs.4,408.34 crore during the year, up about ...
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