NEW DELHI: Lodha Developers kicked off FY26 on a positive note, reporting pre-sales of ₹44.5 billion in Q1 FY26, marking a 10% increase year-on-year, despite temporary setbacks from geopolitical tensions early in the quarter.
The company is optimistic about meeting its annual pre-sales target of ₹210 billion.
During the quarter, collections reached ₹28.8 billion, a 7% growth compared to Q1 FY25. The company anticipates stronger inflows in the latter half of the financial year due to project completions and new launches.
Lodha Developers introduced five new projects in Q1 FY26 across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, boasting an estimated gross development value (GDV) of ₹227 billion. This brings the company to over 90% of its full-year business development target of ₹250 billion.
As of now, the net debt is ₹50.8 billion, comfortably below its threshold of 0.5x net debt-to-equity.