Lodha Developers has announced a strategic agreement for its Green DC Park project that promises to deliver significant cost savings for clients in the data center sector. The agreement is designed to reduce client data center costs by 15%, marking a notable development in the company's infrastructure offerings.

Cost Reduction Initiative

The Green DC Park agreement introduces a competitive pricing structure that brings turnkey data center prices down to $6 million per megawatt. This represents a substantial reduction from the current global pricing benchmark, which typically ranges from $8 million to $12 million per megawatt.

Market Positioning

The pricing strategy positions Lodha Developers competitively in the data center infrastructure market. By offering turnkey solutions at $6 million per megawatt, the company undercuts the existing global pricing range significantly. This cost advantage could potentially attract clients seeking cost-effective data center solutions while maintaining quality infrastructure standards.

Green DC Park Project

The Green DC Park represents Lodha Developers' entry into the specialized data center infrastructure segment. The project focuses on delivering comprehensive turnkey solutions that combine cost efficiency with environmental considerations, as suggested by the "Green" designation in the project name.

The 15% cost reduction achieved through this agreement demonstrates the company's ability to optimize operational efficiencies and deliver value to clients in the competitive data center market. This development could strengthen Lodha Developers' position in the infrastructure sector beyond its traditional real estate operations.

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.

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