Lodha Developers Delivers Record Q2 Performance: Net Profit Soars 86.67% to ₹789.80 Crore

By Sana Khan
Editor, Realty Quarter

Mumbai: Lodha Developers has reported a stellar performance for the quarter ended September 30, 2025 (Q2 FY26), with net consolidated profit rising 86.67 per cent year-on-year.

The company’s profit after tax stood at ₹789.80 crore in Q2 FY26, as against ₹423.10 crore in the corresponding quarter of the previous fiscal, according to its filing with the Bombay Stock Exchange (BSE).

Robust Revenue Growth:

Lodha Developers’ consolidated total income grew 44.49 per cent year-on-year, reaching ₹3,878.90 crore in Q2 FY26 compared to ₹2,684.60 crore in Q2 FY25.

Management Commentary:

Abhishek Lodha, MD & CEO of Lodha Developers, said:

“We are pleased to deliver our best ever Q2 performance with pre-sales of ₹45.7 billion, up 7% year-on-year. We are on track to deliver our full year pre-sales guidance of ₹210 billion. This quarter also witnessed our signing of MOU with the Government of Maharashtra to setup Green Data Centre Park at Palava.”

Financial Highlights

As on September 30, 2025, the company’s net worth stood at ₹20,907.60 crore. The debt-equity ratio was 0.46, current liability ratio was 0.83, total debts to total assets was 0.18, operating margin was 34.44%, and net profit margin was 20.36%.

The company reported pre-sales of ₹45.7 billion and collections of ₹34.8 billion during Q2 FY26. Lodha Developers also achieved its full-year business development goal of ₹250 billion in gross development value (GDV) in the first half of FY26, following the addition of one new project with a GDV of ₹23 billion in Q2 FY26.

Focus on Design and Growth

Abhishek Lodha further added:

“Our focus on design excellence, superior execution, and customer-centricity positions us to capture this demand and deliver sustainable top line growth of 20% year after year. In Q2 FY26, we added one location in MMR with a GDV of ₹23 billion, in addition to the five locations with a GDV of ₹227 billion that we had already added in Q1 FY26. This means that we have thus met the full year guidance of ₹250 billion in first half of the year itself.”

Strong Balance Sheet

The company continues to maintain a healthy financial position with net debt standing at ₹53.7 billion (0.25x net debt/equity) — well below its ceiling of 0.5x net debt/equity. The exit cost of debt for Q2 FY26 stood at 8%, down 30 basis points for the quarter.

About Lodha Developers

Lodha Developers is one of India’s largest and most trusted real estate developers, known for its focus on design excellence, superior execution, and a customer-centric approach. The company continues to drive sustainable growth while creating value through innovative developments and a strong balance sheet.