NEW DELHI: Lodha Developers announced quarterly pre-sales of ₹5,620 crore for Q3 FY26, reflecting a 25% increase year-on-year.
The company is on track to meet its annual pre-sales target of ₹21,000 crore.
Collections for Q3 FY26 were ₹3,560 crore, which is lower compared to the same period last year due to unique inflows from significant land and office sales recorded in Q3 FY25. However, the company anticipates an increase in collections in the forthcoming quarters.
During the quarter, five new projects were launched with a gross development value (GDV) of ₹33,800 crore across the Mumbai Metropolitan Region (MMR), NCR, and Bengaluru. This brought total business development in the first nine months of FY26 to ₹58,800 crore, which is 2.35 times its full-year target of ₹25,000 crore.
With its expansion into the NCR region, Lodha aims to cater to nearly 80% of the housing demand in India’s top seven cities, initiating its entry with two joint development projects.
As of the end of Q3 FY26, the company’s net debt was ₹6,170 crore, remaining comfortably below its stated limit of 0.5x net debt-to-equity.
