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DLF Chairman and Whole-time Director Rajiv Singh received remuneration of INR 44.06 crore during FY26, marking a 20% increase from the previous financial year, according to the company's latest annual report. The rise comes alongside improved financial performance, with the developer reporting marginal growth in consolidated profit and higher total income. Managing Directors Ashok Kumar Tyagi and Devinder Singh also recorded higher remuneration during the year. In his message to shareholders, Singh highlighted DLF's growth prospects, citing India's macroeconomic resilience, continued infrastructure investment and urbanisation as key drivers for the company's future expansion.
DLF Ltd Chairman and Whole-time Director Rajiv Singh received remuneration of INR 44.06 crore during FY26, an increase of 20% from INR 36.65 crore in the previous financial year, according to the company's latest annual report. The increase comes as India's largest listed real estate developer by market capitalisation reported improved financial performance during the year.
The annual report shows that INR 41.74 crore of Singh's total remuneration was paid as commission, with the remaining amount comprising salary, allowances and other benefits. DLF stated that its remuneration structure includes a fixed base salary and allowances, annual performance awards, commission, retirement benefits and reimbursements. It added that performance-based awards and commissions are determined through individual performance as well as qualitative and quantitative assessments of the company's overall performance.
Managing Director Ashok Kumar Tyagi received remuneration of INR 15.30 crore in FY26, compared with INR 14.16 crore in the previous financial year, representing an increase of around 8%. Of this amount, INR 5.45 crore was paid as commission.
Managing Director Devinder Singh received remuneration of INR 17.52 crore during the financial year, up 24% from INR 14.16 crore in FY25. His remuneration included commission amounting to INR 7.68 crore. Tyagi and Devinder Singh assumed their roles as Managing Directors with effect from August 4, 2023.
In his message to shareholders, Rajiv Singh said DLF has played a significant role in shaping India's urban landscape by delivering large-scale residential, commercial and mixed-use developments across major cities. He stated that the company, supported by its established governance framework and institutional capabilities, is well positioned for its next phase of growth.
Singh also said DLF expects favourable opportunities as India's economy continues to expand. He noted that the country's macroeconomic fundamentals have remained resilient despite global challenges and added that continued investment in infrastructure and urbanisation is expected to create further opportunities for urban development.
Earlier this year, DLF reported a marginal increase in consolidated net profit to INR 4,414.68 crore for FY26 from INR 4,366.82 crore in the previous financial year. The company's total income rose to INR 9,816.04 crore from INR 8,995.89 crore over the same period.
On the operational front, DLF's sales bookings declined by 5% year on year to INR 20,143 crore during FY26 from a record INR 21,223 crore in FY25.
DLF is engaged in the development and sale of residential properties as well as the development, leasing and management of commercial and retail real estate assets. According to the company, it has completed more than 185 real estate projects covering over 352 million sq ft and has a development potential of approximately 280 million sq ft across residential and commercial segments, including projects currently under execution.
Source - PTI
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