Lodha Developers Limited , one of India's leading real estate companies, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating resilience in a dynamic market environment.

Key Financial Highlights

Operational Performance

Lodha's operational metrics remained strong, with collections increasing by 13% year-over-year to INR 34.80 billion. The company maintained a robust Adjusted EBITDA margin of 34.40%, reflecting operational efficiency despite market challenges.

Strategic Developments

In line with its growth strategy, Lodha added one new project in Mumbai's Western Suburbs with a Gross Development Value (GDV) of INR 23.00 billion during Q2. This addition contributes to the company's full-year business development goal of INR 250.00 billion GDV, which has already been achieved in the first half of FY26.

Market Position and Future Outlook

Abhishek Lodha, MD & CEO of Lodha Developers, commented on the results: "We are pleased to deliver our best ever Q2 performance with pre-sales of INR 45.70 Bn, up 7% YoY. We find strong market momentum with continuing strength in walk-ins and conversions."

The company remains optimistic about its future performance, citing factors such as low homeownership levels, rising household incomes, and improving affordability as drivers for sustained growth in the real estate sector.

Financial Stability

Lodha maintains a strong financial position with its net debt standing at INR 53.70 billion, representing a net debt to equity ratio of 0.25x, well below the company's ceiling of 0.5x. The average cost of debt decreased by 30 basis points quarter-on-quarter to 8.00%, among the lowest in the industry.

Conclusion

Lodha's Q2 FY26 results demonstrate the company's ability to capitalize on market opportunities and maintain strong financial performance. With a solid project pipeline and strategic market positioning, Lodha appears well-positioned to continue its growth trajectory in the Indian real estate market.

Investors and market watchers will likely keep a close eye on Lodha's performance in the coming quarters, particularly as the company aims to meet its full-year pre-sales guidance of INR 210.00 billion.

Lodha Developers , one of India's leading real estate firms, has reported strong financial results for the second quarter, demonstrating significant growth across key metrics.

Financial Highlights

• Net Profit: Rs 790.00 crore, up 87% year-on-year
• Revenue from Operations: Rs 3,800.00 crore, up 45% year-on-year
• Pre-sales: Rs 4,570.00 crore, up 7% year-on-year (highest Q2 performance)
• Collections: Rs 3,480.00 crore, up 13% year-on-year
• Profit Margin: Expanded to 20.40% from 15.80%

Operational Performance

Lodha Developers posted a remarkable 87% year-over-year increase in net profit, rising to Rs 790.00 crore. This substantial growth in profitability underscores the company's strong market position and operational efficiency.

Revenue from operations for the quarter stood at Rs 3,800.00 crore, marking a significant 45% increase from the previous year. This robust top-line growth reflects the company's ability to capitalize on the growing demand in the real estate sector.

The company achieved record pre-sales of Rs 4,570.00 crore for the quarter, representing a 7% year-on-year increase and marking its highest second-quarter performance. Collections grew by 13% to Rs 3,480.00 crore, indicating strong cash flow generation.

Business Development

Lodha Developers has already achieved its full-year business development target of Rs 25,000.00 crore in gross development value. The company added one new project worth Rs 2,300.00 crore in the Mumbai Metropolitan Region during the quarter.

Market Momentum and Future Outlook

MD & CEO Abhishek Lodha noted strong market momentum, with non-launch weekly sales approaching Rs 300.00 crore per week. The company remains on track for its full-year pre-sales guidance of Rs 21,000.00 crore.

Strategic Initiatives

Lodha Developers signed a Memorandum of Understanding (MOU) with the Maharashtra government to establish a Green Data Centre Park at Palava, with Amazon Web Services and STT as anchor operators. This initiative aligns with the company's diversification strategy and commitment to sustainable development.

Debt Management

The company's net debt stood at Rs 5,370.00 crore with a net debt-to-equity ratio of 0.25 times. Notably, the average cost of debt declined to 8.00%, reflecting improved financial management and potentially lower borrowing costs.

Lodha Developers' strong quarterly results reinforce its position as a key player in the Indian real estate market. The company's ability to deliver substantial growth in revenue and profitability amid evolving market conditions demonstrates its resilience and strategic capabilities.

Note: All figures are based on the consolidated financial results as reported by Lodha Developers Limited.