Mumbai, October 30, 2025:
India’s leading real estate developer Lodha Group has reported its best-ever second-quarter (Q2 FY26) pre-sales of ₹45.7 billion, marking a 7% year-on-year (YoY) increase. The company’s profit after tax (PAT) surged 87% YoY to ₹7.9 billion, driven by strong sales, improved operating leverage, and lower financing costs.

Key Financial Highlights: Q2 FY26 vs Q2 FY25

Lodha’s net debt stood at ₹53.7 billion, maintaining a healthy leverage ratio of 0.25x Net Debt-to-Equity, well below its internal ceiling of 0.5x. The company’s cost of debt declined to 8%, down 30 basis points from the previous quarter — one of the lowest in the Indian real estate sector.

Project Pipeline: ₹250 Billion GDV Target Met in H1

Lodha achieved its full-year business development guidance of ₹250 billion in gross development value (GDV) within the first half of FY26. This includes the addition of one new project in the Mumbai Metropolitan Region (MMR) during Q2, valued at ₹23 billion GDV.

With several high-profile launches scheduled in H2 FY26 — following the Supreme Court’s clearance on environmental processes — Lodha expects to meet its annual pre-sales guidance of ₹210 billion.

Green Data Centre Park at Palava: Lodha Bets on India’s AI Future

During the quarter, Lodha signed an MoU with the Government of Maharashtra to develop a Green Data Centre Park at Palava City. The project already has two anchor tenants — Amazon Web Services (AWS) and STT (a Temasek company) — and is expected to scale up to 3 GW capacity over time.

“India’s AI journey is just beginning, and the Palava Data Centre Park will be central to it,” said Abhishek Lodha, Managing Director and CEO of Lodha Developers. “This project could unlock significant value for our company.”

Focus on Education and Research: Lodha Mathematical Sciences Institute

Lodha also announced the establishment of the Lodha Mathematical Sciences Institute, launched in August 2025 under Dr. Kumar Murty (Former Director, Fields Institute). The institute’s inaugural thematic program is being led by Dr. Manjul Bhargava (Fields Medalist, Padma Bhushan) and includes participation from over 50 international mathematicians.

In addition, the Lodha Genius Programme — in collaboration with IISER Pune and Ashoka University — aims to nurture young talent through academic and leadership programs.

Sustainability Push: Decarbonization Pathway for Steel

Furthering its ESG goals, Lodha, in partnership with Rocky Mountain Institute (RMI), published a report on decarbonizing rebar steel, released by the Building Materials and Technology Promotion Council (BMTPC) on World Habitat Day. The initiative aligns with Lodha’s commitment to becoming Net Zero by 2050.

Market Outlook and Strategic Positioning

Abhishek Lodha highlighted several structural tailwinds driving growth — including low homeownership levels, rising disposable income, stable mortgage rates, and favorable government policy changes such as GST reductions and interest rate cuts.

“Our non-launch weekly sales now approach ₹3 billion per week, reflecting strong consumer confidence and project diversity. We continue to invest for the long term, confident in India’s real estate upcycle,” Lodha said.

Summary: Lodha Q2 FY26 Snapshot

• Best-ever Q2 pre-sales: ₹45.7 bn (+7% YoY)
• Revenue growth: +45% YoY
• PAT: ₹7.9 bn (+87% YoY)
• Full-year GDV goal (₹250 bn) achieved in H1 FY26
• Net Debt-to-Equity: 0.25x | Cost of Debt: 8%
• MoU signed for Green Data Centre Park at Palava
• Lodha recognized among ‘World’s Most Trustworthy Companies’ by Newsweek

Also Read: Realty Stocks Spark at Tuesday’s Open — Big Developers Lead Early Surge

The post Lodha Reports Record Q2 Pre-Sales of ₹45.7 Billion, Profit Doubles Amid Market Momentum appeared first on Square Feat India.