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Lodha Developers reports 23% rise in quarterly pre-sales but misses FY26 target

#Builders & Projects#India
Last Updated : 8th Apr, 2026
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Synopsis

Lodha Developers recorded a strong rise in sales bookings during the last quarter, supported by steady housing demand across key markets. Quarterly pre-sales grew by 23 per cent year-on-year to INR 5,890 crore, while full-year bookings increased 16 per cent to INR 20,530 crore. However, the company fell short of its annual guidance due to temporary demand disruptions linked to geopolitical tensions in West Asia, which led to some sales being deferred towards the end of the financial year.

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Real estate developer Lodha Developers reported a 23 per cent year-on-year increase in its pre-sales for the January-March quarter of FY26, reaching INR 5,890 crore compared to INR 4,810 crore in the same period last year.


The company, in its latest operational update, stated that this marked its highest-ever quarterly pre-sales performance. It added that total sales bookings for the full financial year rose 16 per cent to INR 20,530 crore, up from INR 17,630 crore in the previous fiscal.

Despite the growth, the company did not achieve its full-year pre-sales target of INR 21,000 crore. Management indicated that geopolitical tensions in West Asia, particularly the Iran-related conflict, led to some deferral of customer decisions during March. As a result, pre-sales were lower than its internal guidance by around INR 4.7 billion.

The company highlighted that demand fundamentals remained stable across its key markets, but external uncertainties briefly impacted buyer sentiment toward the end of the quarter. Lodha Developers has historically seen strong absorption levels in premium and mid-income housing segments, especially in urban centres.

Lodha Developers continues to maintain a significant presence in the Mumbai Metropolitan Region, Pune, and Bengaluru. In line with its expansion strategy, the company has also entered the Delhi-NCR market through land acquisitions aimed at developing new residential projects. This move is part of its broader plan to diversify geographically and tap into demand across major housing markets in India.

In the past few years, the company has focused on strengthening its balance sheet, improving execution timelines, and launching projects in high-demand micro-markets. Its consistent growth in pre-sales reflects sustained end-user demand, even as macroeconomic and global factors intermittently affect market momentum.

Source PTI
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