• Industry
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Lodha Developers’ net profit rises 28% to ₹1,013.5 crore in Q2 FY27

Lodha Developers reported a 28.3 percent rise in net profit after tax for the quarter ending September 30, 2026. This surge accompanied an 18.2 percent increase in total income when compared to the same quarter last year. Notably, pre-sales grew by 10 percent year-on-year, exceeding 40 percent of their annual target.

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.

The company said it expects to exceed its full-year profit guidance based on its 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 NCR 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 September 30, 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.

For H1 FY27, the company’s net consolidated total income increased 29 per cent to ₹9,681.6 crore from ₹7,503.6 crore in H1 FY26. Net consolidated profit after tax for the first half rose 62.9 per cent to ₹2,386.6 crore from ₹1,464.9 crore in the corresponding period of the previous fiscal.

As of September 30, 2026, 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.