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6d ago

Lodha Developers Q1 Profit Rises 42% and Maintains FY26 Pre-Sales Target

A Rs 17,000 crore pipeline of housing launches through March 2026 will support growth in key Indian markets.

Realty firm Lodha Developers Ltd remains bullish on growth potential in housing market. (Photo for representational purposes only)
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Lodha Developers Ltd has reported a 42 per cent surge in its consolidated net profit to ₹675.1 crore for the first quarter of this fiscal, due to better income driven by strong housing demand.
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Overview

  • Lodha Developers posted a net profit of Rs 675 crore in Q1 FY26, a 42% increase from Rs 475 crore a year earlier.
  • Revenue for the quarter climbed 22.7% to Rs 3,492 crore compared to Rs 2,847 crore in Q1 FY25.
  • The company achieved record first-quarter pre-sales of Rs 4,450 crore and reaffirmed its full-year pre-sales guidance of Rs 21,000 crore.
  • Five new projects added in Q1 carry a combined gross development value of Rs 22,700 crore, bolstering the development pipeline.
  • Favourable market conditions such as lower mortgage rates and income tax incentives continue to underpin strong housing demand.