DLF Q2 FY25 results (Jul–Sep 2024) and concall

DLF's Q2 saw a temporary presales dip to INR 690 crores due to approval cycle timing - Dahlias approval came in early October instead of Q2. However, cash generation remained strong at INR 2,000+ crores per quarter across DevCo and RentCo. The big story was Dahlias' RERA filing revealing INR 26,000 crores revenue at 70%+ margins and an overwhelming pre-launch response. Management was confident of achieving INR 17,000 crores+ full-year presales guidance. Rental business guided significant jump in FY26 with DLF-level rentals growing from INR 300 crores to INR 1,000 crores.