Lodha Developers gains after Q2 PAT surges 86% YoY to Rs 789 cr
Pre-sales stood at Rs 4,570 crore in Q2 FY26, up 7% YoY while collections was at Rs 3480 crore (up 13% YoY).
On half-yearly basis, the company?s consolidated net profit jumped 62.9% to Rs 1,463.40 crore on 33.2% increase in revenue from operations to Rs 7,290.20 crore in H1 FY26 over H1 FY25.
Abhishek Lodha, MD & CEO, Lodha Developers, said, ?We are pleased to deliver our best ever Q2 performance with pre-sales of Rs 4,570 crore, up 7% YoY. We find strong market momentum with continuing strength in walk-ins and conversions.
Our non-launch weekly sales are now approaching Rs 300 crore per week, showcasing the strength of our well-diversified spread of projects. With significant launches planned in H2, following the resolution of the Environmental Clearance process by the Hon?ble Supreme Court in August, we are on track to deliver our full year pre-sales guidance of Rs 21,000 crore.
This quarter also witnessed our signing of MOU with the Govt. of Maharashtra to setup Green Data Centre Park at Palava. The Park already has 2 anchor operators ? AWS (Amazon Web Services) and STT (a Temasek company). On the back of the significant incentives provided by the state government, combined with the encouraging draft policy from the Centre, we expect Palava to emerge as one of the most advanced Data Centre Hubs in the country with scalability to 3 GW and even beyond.
We believe that India?s AI journey is just getting started and the Palava Data Centre Park will play a key role in this, and also unlock very significant value for our company.?
Lodha Developers is primarily engaged in the business of real estate development.
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