Lodha Developers reports 10% presales growth to INR44.5bn
Lodha Developers Limited reported Q1FY26 presales growth of 10% year-on-year to INR44.5 billion. Pro forma PAT reached approximately INR9.5 billion with embedded EBITDA margin of 33%.
The company added five projects across Mumbai, Pune, and Bangalore with combined Gross Development Value of approximately INR227 billion. Lodha anticipates entering Delhi NCR within 12 months, targeting a fiscal 2027 launch.
Net debt stood at INR50.8 billion while average cost of funds decreased 40 basis points to 8.3%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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