Lodha Developers Q1 Results: Net Profit Rises 42% To Rs 675 Crore; FY26 Guidance Maintained
Lodha Developers Q1 Results: The company anticipates strong financial growth for FY26 with pre-sales expected to increase by 19%, reaching Rs 21,000 crore.
(Lodha Sterling Thane/ Photo: Company website)
Lodha Developers Q1 Results: Mumbai-based Lodha Developers Ltd.'s first quarter profit rose 42%, while revenue grew 22.7% year-on-year (YoY). Net profit of the real estate developer, that sells properties under the Lodha brand, increased to Rs 675 crore for the quarter-ended June, according to an exchange filing on Saturday.
India’s number two realtor by market value, is planning a residential project in and around New Delhi next year, in signs of an intensifying turf war as it enters industry leader DLF Ltd.’s stronghold. According to Bloomberg, the developer is considering rolling out a project with an investment of as much as Rs 1,900 crore in the year starting April 2026.
Lodha Developers Q1 FY26 Highlights (Cons, YoY)
Revenue up 22.7% to Rs 3,492 crore versus Rs 2,847 crore
EBITDA rose 30% to Rs 984 crore versus Rs 757 crore
Margin expands at 28.2% versus 26.6 %
Net profit up 42% to Rs 675 crore versus Rs 475 crore
Other Key Operational Highlights
Pre-sales up 10% at Rs 4,450 crore versus Rs 4,000 crore (YoY)
Collections up 7% at Rs 2,880 crore versus Rs 2,690 crore. (YoY)
Net Debt/Equity stood at 0.24 times
Added five projects with total gross development value of Rs 22,700 crore in Q1FY26
FY26 Guidance
The company anticipates strong financial growth for FY26 with pre-sales expected to increase by 19%, reaching Rs 21,000 crore from Rs 17,600 crore. Lodha Developers had estimated the FY26 at the same levels in the preceding March quarter. Operating cash flow is also projected to rise by 17%, from Rs 6,600 crore to Rs 7,700 crore.
Additionally, the company foresees net project additions of Rs 25,000 crore, up from Rs 23,700 crore, while maintaining its Net Debt/Equity ratio below 0.5x. Before the quarterly results were declared, shares of Macrotech Developers closed 3.52% lower at Rs 1279 apiece on the NSE.
