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Lodha Developers reported a 9% year-on-year rise in consolidated net profit to INR 1,008.1 crore for the March quarter, supported by higher income. Total income for the quarter increased to INR 4,840 crore from INR 4,420 crore a year earlier. For FY26, the company posted a net profit of INR 3,430.7 crore, up from INR 2,766.6 crore, with total income rising to INR 17,119.5 crore. The developer highlighted record profitability during the year, driven by a focus on disciplined growth and low leverage. The company continues to expand its presence across key markets, including Mumbai Metropolitan Region, Pune and Bengaluru, while also entering Delhi-NCR.
Lodha Developers reported a consolidated net profit of INR 1,008.1 crore for the January–March quarter of FY26, registering a 9% increase compared to INR 922.8 crore in the corresponding period last year, supported by higher income, according to a regulatory filing released in the past week.
The company’s total income rose to INR 4,840 crore during the quarter, up from INR 4,420 crore recorded in the same period of the previous financial year, reflecting improved operational performance across its residential portfolio.
For the full financial year, Lodha Developers posted a net profit of INR 3,430.7 crore, marking a significant increase from INR 2,766.6 crore reported in FY25. Total income for the year also grew to INR 17,119.5 crore from INR 14,169.8 crore in the preceding financial year.
Abhishek Lodha, Managing Director and Chief Executive Officer of the company, indicated that the developer delivered record profitability during FY26. He stated that the company’s focus on profitable growth, long-term value creation, and maintaining low leverage had enabled it to scale its business over the past few years. He further noted that the performance was achieved despite geopolitical challenges over the past year, which, according to him, demonstrated the resilience of demand for established residential brands.
Lodha Developers, which markets its projects under the Lodha brand, has developed more than 100 million sq ft of real estate to date. The company maintains a strong presence in key urban markets, including the Mumbai Metropolitan Region, Pune and Bengaluru.
In addition to its existing markets, the developer has expanded its geographic footprint by acquiring land in Delhi-NCR, where it plans to develop a new housing project. This move aligns with broader trends among large listed developers seeking to diversify across high-demand residential markets.
The company’s financial performance reflects continued momentum in India’s residential real estate sector, particularly in premium and branded housing segments. Growth in income and profitability indicates sustained sales traction and project execution, supported by steady end-user demand across major urban centres.
Lodha Developers’ expansion strategy, combined with its emphasis on balance sheet discipline, positions it to capitalise on ongoing demand trends while maintaining operational stability across its portfolio.
Source - PTI
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