Tag: macrotech developers

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Lodha Developers’ Q1 FY27 Net Profit Soars to ₹1,373.10 Crore

NEW DELHI: Lodha Developers, previously known as Macrotech Developers, has reported a remarkable 103.4% increase in its net consolidated profit after tax, reaching ₹1,373.10 crore for the quarter ending June 30, 2026, compared to ₹675.10 crore in the same period last year. The company’s net consolidated total income surged by 40.6% to ₹5,096.70 crore in Q1 FY27, up from ₹3,624.70 crore in Q1 FY26. Pre-sales amounted to ₹4,629 crore, with collections rising by 46% year-on-year to ₹4,205 crore. The net debt declined by ₹446 crore during the quarter, totaling ₹4,931 crore, aided by strong operating cash flows. As of June…

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L&T Realty Acquires Delhi Land for ₹200 Crore

Representative AI image NEW DELHI: L&T Realty Developers Ltd (LTRDL), a fully owned subsidiary of Larsen & Toubro (L&T), has acquired a 2.5-acre land parcel in central Delhi for approximately Rs 200 crore, according to two sources familiar with the matter. The Mumbai-based developer, which has been expanding in the National Capital Region through acquisitions in Noida and Gurugram, plans to develop a luxury residential project on this site. This acquisition follows L&T Realty Properties Ltd’s (LTRPL) 100% stake purchase in International Green Scapes Ltd (IGSL), providing access to a 20-acre land parcel in Gurugram with a development potential of…

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Top 11 Developers’ Pre-Sales Jump 18% to ₹1.48 Lakh Crore

NEW DELHI: According to an Anarock Research analysis, the combined pre-sales of 11 listed real estate developers increased by 18% year-on-year, reaching ₹1,48,158 crore in FY26, up from ₹1,25,841 crore in FY25. The analysis focused on major players including Godrej Properties, Prestige Estates, DLF, Macrotech Developers, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil Developers, Keystone Realtors, and Sobha. Developers with significant exposure to premium and luxury housing exhibited stronger growth over the year. Prestige Estates saw the largest annual growth in pre-sales at 76%, followed by Puravankara at 48%, Keystone Realtors at 33%, Sobha at 30%, Godrej Properties at…

Latest StoriesRegulatory

SC Directs ED to Release V Hotels Assets to Lodha Developers

NEW DELHI: The Supreme Court has ordered the Enforcement Directorate (ED) to unfreeze 12 properties of corporate debtor V Hotels Ltd, which includes land in Maharashtra valued at approximately ₹4,000 crore. This decision marks a significant victory for Lodha Developers, which acquired V Hotels through the insolvency resolution process last year. Among the assets to be released is Mumbai’s prestigious Centaur Hotel located in Juhu. Lodha Developers, previously known as Macrotech Developers, acquired V Hotels via a ₹890-crore resolution plan sanctioned by the National Company Law Tribunal (NCLT) in April of last year. The company had deposited ₹520.80 crore as…

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Top 25 Real Estate Firms Hit ₹6.1 Lakh Crore Market Cap by 2025

Representative image created by AI NEW DELHI: Macrotech Developers, renowned for its Lodha brand, has secured its position as India’s top real estate company in the 2025 Grohe-Hurun India Real Estate rankings, based on market capitalization as of March 31, 2025. With a market cap of ₹1,29,400 crore, the Mumbai-based firm continues to lead the standings, reflecting robust investor confidence and stellar performance within the Indian property sector. DLF follows closely with a market cap of ₹1,15,100 crore, while Phoenix Mills rounds out the top three at ₹47,800 crore. The report indicates that the total market capitalization of the 25…

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Lodha Developers’ Q1 FY26 Net Profit Soars 41.86%

NEW DELHI: Lodha Developers, previously known as Macrotech Developers, has reported a significant increase of 41.86% in its net consolidated profit for the quarter ending June 30, 2025. The profit after tax reached ₹675.10 crore in Q1 FY26, compared to ₹475.90 crore during the same period last year, as stated in a BSE filing. In Q1 FY26, the company’s net consolidated total income also rose to ₹3,624.70 crore, marking a growth of 24.21% from ₹2,918.30 crore in the corresponding quarter of the previous fiscal year. Abhishek Lodha, the MD & CEO, remarked, “Q1 FY26 has showcased our best-ever first quarter…

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Lodha Developers secures ₹350 crore through NCD private placement

Representative image created by AI NEW DELHI: Lodha Developers (previously Macrotech Developers) has successfully raised ₹350 crore through a private placement of 35,000 rated, listed, senior, secured, redeemable, taxable, and transferable non-convertible debentures (NCDs), according to a regulatory filing made with the stock exchanges on Monday. The debentures, having a face value of ₹1 lakh each, are now listed on the Wholesale Debt Market segment of BSE. The issuance received approval from the company’s executive committee on July 21, 2025, with allotment and deemed date of allotment occurring on the same day. The NCDs feature a floating interest rate structure…

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Lodha Developers Secures ₹300 Crore Through NCDs

Representative Image NEW DELHI: Lodha Developers (previously known as Macrotech Developers) has successfully raised ₹300 crore through the issuance of 30,000 senior, secured, redeemable, listed non-convertible debentures (NCDs), as revealed in a regulatory filing on Tuesday. The NCDs were issued at a face value of ₹1 lakh each. These debentures offer an interest rate of 7.96% per annum, which will be paid quarterly starting September 30, 2025, with a maturity date set for July 7, 2028. This financial instrument is secured by a first-ranking charge on specified company assets, as detailed in the Key Information Document dated July 3, 2025.…

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Lodha Developers reports ₹44.5 billion in Q1 FY26 pre-sales

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…