Lodha Developers Limited has announced the elevation of Mr Satish Shenoy to a leadership role within the company, effective from April 24, 2026. The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Mr Satish Shenoy is a Licentiate Civil and Sanitary Engineer from VJTI, Mumbai, bringing over 30 years of experience in the construction space. Over the past 13 years of his association with the Lodha group, he has held leadership roles across South Mumbai, Pune, and Bengaluru, overseeing key central functions including DCO, EHS, and Quality.

Professional Background

Shenoy has been instrumental in establishing and scaling the construction management function in new markets such as Pune and Bengaluru. He continues to contribute to the company's expansion in the NCR region. Prior to joining Lodha, he worked with several prominent organizations including Arabtec Construction LLC, Shapoorji Oman, and The Great Eastern Shipping Company, amongst others.

Appointment Details

The following table provides the key details of the appointment:

The information has been uploaded on the company's website at www.lodhagroup.com . Lodha Developers Limited was formerly known as Macrotech Developers Limited.

Lodha Developers has delivered a strong financial performance in the fourth quarter, demonstrating robust growth across key financial metrics. The real estate developer's latest results showcase the company's ability to maintain growth momentum in a competitive market environment with improved profitability and operational efficiency.

Financial Performance Overview

The company's consolidated financial results for the fourth quarter reveal significant improvements across profitability, revenue generation, and operational metrics. The performance indicators demonstrate sustained business growth and enhanced operational efficiency.

Revenue and Profitability Analysis

Lodha Developers achieved revenue of ₹47.13 billion in the fourth quarter, compared to ₹42.24 billion in the corresponding quarter of the previous year. This represents a year-on-year increase of ₹4.89 billion, translating to an 11.6% growth rate. The company's consolidated net profit reached ₹10.08 billion in Q4, marking an increase from ₹9.22 billion reported in the same quarter of the previous year, representing a 9.3% year-on-year growth.

EBITDA Performance and Margin Expansion

The company reported strong operational performance with EBITDA of ₹14.12 billion compared to ₹12.21 billion in the previous year, reflecting a robust 15.6% year-on-year growth. More significantly, the EBITDA margin improved to 29.97% from 28.9% in the corresponding quarter of the previous year, indicating enhanced operational efficiency and better cost management.

Performance Summary

The fourth quarter results highlight Lodha Developers' comprehensive performance improvement across all key financial parameters. The company has successfully maintained double-digit revenue growth while simultaneously expanding both profit margins and operational efficiency metrics, demonstrating effective business execution and strategic market positioning in the competitive real estate sector.