DLF ended FY26 debt-free in its development business, citing strong cash generation and rising rental income. The company reported stable quarterly profit alongside healthy annual earnings growth, supported by sales bookings. While overall performance stayed resilient and shareholder returns were strengthened, DLF also flagged a slight dip in sales, even as housing demand momentum remains intact.
Brigade Enterprises reported FY26 net profit of Rs 725 crore, alongside 11% revenue growth fueled by strong real estate pre-sales, gains from leasing, and expansion in hospitality. While the latest quarter’s profit was weaker, improved realizations, steady sales momentum, and strong cash flows have helped support a positive outlook for the business.
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Airport operators are urging India’s Ministry of Civil Aviation for urgent financial relief after a 25% cut to landing and parking charges for domestic flights strained their cash flow. They warn of revenue losses and operational risks, and are seeking measures like deferring payments to AAI. Some also propose raising User Development Fees to offset losses.
SpiceJet’s recent numbers raise fresh concerns despite last year’s INR 3,000 crore funding. In the April–June quarter, usually its strongest period, the airline posted an INR 240 crore loss. Free cash dropped from INR 700 crore in March to around INR 300 crore in June, while revenue fell 40% between March and June. Can it turn around in time?
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