Lodha Developers, formerly Macrotech Developers, has reported pre-sales of Rs 4,450 crore in the first quarter of 2025-26, marking a 10% year-on-year (YoY) growth. This, according to the company, was achieved despite a temporary slowdown caused by geopolitical tensions that affected activity for about two weeks early in the quarter.
The real estate major expects to make up for the lost time during the rest of the financial year and reaffirmed its pre-sales guidance of Rs 21,000 crore for the current financial year. The company noted a strong launch pipeline supported by significant business development during the quarter.
Collections during the quarter rose 7% to Rs 2,880 crore in line with the business plan, the company said in a regulatory filing while indicating that it anticipates significantly higher inflows in the second half of the year.
The developer added five new projects across Mumbai Metropolitan Region (MMR), Pune, and Bengaluru during the quarter, with a total Gross Development Value (GDV) of Rs 22,700 crore. This accounts for more than 90% of Lodha’s full-year GDV guidance of Rs 25,000 crore, indicating a robust development pipeline.
Despite substantial investment in business development, Lodha’s net debt stood at Rs 5,080 crore as of the end of June. The company said this remains comfortably below its internal threshold of 0.5x net debt-to-equity.
The real estate major expects to make up for the lost time during the rest of the financial year and reaffirmed its pre-sales guidance of Rs 21,000 crore for the current financial year. The company noted a strong launch pipeline supported by significant business development during the quarter.
Collections during the quarter rose 7% to Rs 2,880 crore in line with the business plan, the company said in a regulatory filing while indicating that it anticipates significantly higher inflows in the second half of the year.
The developer added five new projects across Mumbai Metropolitan Region (MMR), Pune, and Bengaluru during the quarter, with a total Gross Development Value (GDV) of Rs 22,700 crore. This accounts for more than 90% of Lodha’s full-year GDV guidance of Rs 25,000 crore, indicating a robust development pipeline.
Despite substantial investment in business development, Lodha’s net debt stood at Rs 5,080 crore as of the end of June. The company said this remains comfortably below its internal threshold of 0.5x net debt-to-equity.
You may also like
Pearl Jam's Matt Cameron's surprise exit after 27 years as band release shock statement
Norway to implement EU rules aimed at curbing deforestation
Grigor Dimitrov injury: Everything we know about physical issues after fifth retirement
Martin Brundle corrected by F1 icon as furious Oscar Piastri causes tension
Jannik Sinner gives brutal verdict after Grigor Dimitrov retires in tears at Wimbledon
