Bengaluru, Aug. 3 -- Realty major DLF Ltd's new sales bookings slowed to a trickle in the April-June quarter in the absence of fresh project launches, which typically boost sales momentum.

The Gurugram-based developer's first new sales bookings stood at Rs.657 crore, down 94.25% from Rs.11,425 crore in the corresponding year-ago quarter, driven mainly by major luxury projects such as DLF Privana North in Gurugram.

DLF's Q1 revenue from operations fell 52.8% to Rs.1,280.34 crore from Rs.2,716.70 crore a year earlier, while net profit rose 3.9% to Rs.794 crore. The company said on Monday that the new sales bookings for the quarter reflect "the timing impact of deferred launches".

"We remain well-positioned to bring our upcoming products ...