Lodha Developers posts 28.3% net profit jump to ₹1,013.5 crore in Q2 FY27

Lodha Developers reported a 28.3 per cent rise in net profit to ₹1,013.5 crore for the quarter ended 30 Sep 2026. Total income grew 18.2 per cent to ₹4,584.9 crore, while pre-sales rose 10 per cent year-on-year to ₹5,037 crore, exceeding 40 per cent of the full-year target.

NEW DELHI: Lodha Developers has reported a 28.3 per cent increase in its net consolidated profit after tax to ₹1,013.5 crore for the quarter ended 30 Sep 2026. It had posted a net profit of ₹789.8 crore in the corresponding quarter of the previous fiscal.

The company’s net consolidated total income increased 18.2 per cent to ₹4,584.9 crore in Q2 FY27 from ₹3,878.9 crore in Q2 FY26. Revenue for the quarter stood at ₹4,468 crore, registering a year-on-year growth of 18 per cent.

Pre-sales increased 10 per cent year-on-year to ₹5,037 crore during the quarter. The company said H1 FY27 pre-sales crossed 40 per cent of its full-year guidance, and it expects to exceed its full-year profit guidance based on performance during the first half of FY27.

Lodha continued to expand in Bengaluru and launched another project in North Bengaluru during the quarter. It is also planning a project launch in the National Capital Region during the festive season.

The company expects its annual annuity income to increase from approximately ₹300 crore in FY26 to ₹3,000 crore by FY32, led by its data centre and rental businesses.

Net debt stood at ₹5,279 crore as of 30 Sep 2026. Its net debt-to-equity ratio stood at approximately 0.2 times, while the exit cost of debt remained at 7.8 per cent. As of the same date, the company’s net worth stood at ₹24,915 crore. Its debt-equity ratio was 0.42, while the current liability ratio stood at 0.87. The total debt-to-total assets ratio was 0.17. The company reported an operating margin of 36.12 per cent and a net profit margin of 22.11 per cent.