Lodha Developers Q1 Sales Up 10% to ₹4,450 Cr
Jul 07, 2025 21:16
Lodha Developers reports a 10% increase in Q1 FY26 sales bookings, reaching ₹4,450 crore despite geopolitical challenges. The company remains confident in meeting its annual target.
Photograph: Shailesh Andrade/Reuters
New Delhi, Jul 7 (PTI) Realty firm Lodha Developers on Monday reported a 10 per cent growth in its sales bookings to Rs 4,450 crore in the first quarter of this fiscal on better housing demand.
In a regulatory filing, Lodha Developers said, "We achieved pre-sales of Rs 4,450 crore in Q1, FY26, showing 10 per cent year-on-year growth."
The growth was despite the impact of geopolitical tensions in the first half of the quarter, which resulted in 'loss' of activity for around two weeks, the company said.
Lodha Developers said it would meet the sales bookings target of Rs 21,000 crore of this fiscal year.
"With further strengthening of our launch pipeline for the current fiscal on the back of significant business development achieved during the June quarter, we remain on track to achieve FY26 pre-sales guidance of Rs 21,000 crore," the company said.
Mumbai-based Lodha Developers is one of the leading real estate firms in the country.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
DRI Seizes Red Sanders Worth Rs 6.26 Cr, 4...
DRI seizes 15 MT of red sanders worth Rs 6.26 crore in Delhi, arrests 4. Illegal export...
UAE Fund to Invest ₹1,000 Cr in Kerala Startups
UAE-based Feeder Fund to invest ₹1,000 crore in Kerala startups over 3 years. Boost...
ECL Aims for 58 MT Output, Mine Closures Planned
Eastern Coalfields Ltd (ECL) targets 58 MT output, plans closure of six underground...
India: Export Potential in Russia
300 Indian products have huge export potential in Russia. Engineering, pharma, agri,...
Gold & Silver Rally: Inflation Data in Focus
Gold and silver prices rally amid inflation data focus. Analysts eye central bank...
India Ranks 3rd in Global AI Vibrancy Index
India ranks 3rd in Stanford University's Global AI Vibrancy tool, surpassing advanced...
EPFOA Urges CPFC: Equip Offices for Compliance
EPFOA urges CPFC to equip field offices with authority & tools to handle default &...
TV Prices to Rise in January: Chip Shortage &...
TV prices are expected to increase in January due to memory chip shortages and a...
India Gems & Jewellery Exports Up 20% in November
India's gems and jewellery exports grew 20% to USD 2.5 billion in November, says GJEPC....
Navi Mumbai Airport: 3rd Runway Feasibility Study
CIDCO invites bids for a consultant to study the feasibility of a third runway at Navi...
Read More »