Lodha Developers Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved both consolidated and standalone financial results at its meeting held on January 28, 2026, which commenced at 3:00 p.m. (IST) and concluded at 5:30 p.m. (IST).

Board Meeting Outcomes

The Board meeting was conducted in continuation to the company's letter dated January 22, 2026, pursuant to Regulation 30, 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approved results include both consolidated and standalone unaudited financial statements along with the Limited Review Report of the Auditors.

Key Corporate Actions

During the quarter ended December 31, 2025, the company made significant corporate developments:

Financial Performance Metrics

The company's financial results showcase various performance indicators across different time periods. Key financial ratios demonstrate the company's operational efficiency and financial health:

Consolidated Financial Ratios

Standalone Financial Ratios

Regulatory Compliance and Auditor Review

The financial results have been reviewed by the Audit Committee and received an unmodified conclusion from the statutory auditors, MSKA & Associates LLP. The auditors conducted their review in accordance with Standard on Review Engagements (SRE) 2410, ensuring compliance with Indian Accounting Standard 34 'Interim Financial Reporting'.

Labour Code Implementation

The Government of India implemented four new Labour Codes with effect from November 21, 2025, including Code on Wages 2019, Code on Social Security 2020, Industrial Relations Code 2020, and Occupational Safety, Health and Working Conditions Code 2020. The company has assessed the impact based on available information and accounted for incremental impact through actuarial valuation, which is not material.

Non-Convertible Debentures Status

The company maintains significant debt securities with total listed secured Non-Convertible Debentures (NCDs) outstanding as of December 31, 2025 amounting to ₹22,044 million. The NCDs are secured by registered mortgage over identified project land, construction thereon and project receivables. The security cover meets requisite coverage requirements of 1.5 times for NCDs worth ₹18,544 million and specified coverage ratios for project land and receivables for ₹1,500 million NCDs.

Business Operations

Lodha Developers operates in a single reportable segment of real estate development, with operations confined to India. The company's financial results reflect this focused business approach across all reporting periods.

Source:

Lodha developers has completed the allotment of equity shares under its employee incentive program, marking another milestone in its ongoing Employee Stock Option Scheme implementation. The real estate developer announced this development through official communications to major stock exchanges on January 21, 2026.

Share Allotment Details

The company has allotted a total of 38,695 equity shares under the Lodha Developers Limited - Employee Stock Option Scheme 2021-II. Each share carries a face value of ₹10.00, representing the standard denomination for the company's equity securities.

Regulatory Compliance

The allotment was formally communicated to both BSE Limited and National Stock Exchange of India Limited through proper regulatory channels. The company maintains its listing on BSE under scrip code 543287 and on NSE under the trading symbol LODHA. Additionally, the company has multiple debt segment listings across both exchanges.

Official Authorization

The share allotment notification was signed by Sanjyot Rangnekar, Company Secretary & Compliance Officer, who holds membership number F4154. The digital signature was applied on January 21, 2026, at 14:51:59 +05'30', ensuring proper authentication and timing of the regulatory filing.

Corporate Structure

The allotment was executed by Lodha Developers Limited, formerly known as Macrotech Developers Limited, reflecting the company's rebranding while maintaining its established employee benefit programs. The Employee Stock Option Scheme 2021-II represents one of the structured incentive programs designed to align employee interests with shareholder value creation.

This ESOP allotment demonstrates the company's continued commitment to its employee incentive framework, providing equity participation opportunities to eligible personnel under the established scheme guidelines.