Lodha Developers has announced an impressive growth of 86.67 percent in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax reached ₹789.80 crore in Q2 FY26, compared to ₹423.10 crore recorded in the same quarter of the previous fiscal year, as stated in a filing with the BSE.
The company’s net consolidated total income for Q2 FY26 was ₹3,878.90 crore, reflecting a growth of 44.49 percent from ₹2,684.60 crore reported in the corresponding quarter last year. Abhishek Lodha, the Managing Director and CEO of the company, remarked, “We are delighted to report our best Q2 performance to date, with pre-sales amounting to ₹45.7 billion, an increase of 7% year-on-year. We are on course to meet our full-year pre-sales target of ₹210 billion.
This quarter also saw us signing a Memorandum of Understanding with the government of Maharashtra to establish a Green Data Centre Park at Palava.” As of September 30, 2025, the company’s net worth was ₹20,907.60 crore, with a debt-equity ratio of 0.46, a current liability ratio of 0.83, total debts to total assets ratio of 0.18, an operating margin of 34.44%, and a net profit margin of 20.36%.
The company reported pre-sales of ₹45.7 billion and collections of ₹34.8 billion in Q2 FY26. It achieved its full-year business development target of ₹250 billion gross development value (GDV) in the first half of FY26, including the addition of a new project with a GDV of ₹23 billion in Q2 FY26.
Our commitment to design excellence, superior execution, and a customer-centric approach enables us to seize this demand and achieve sustainable top-line growth of 20% annually. In Q2 FY26, we introduced one new location in the Mumbai Metropolitan Region with a GDV of ₹23 billion, in addition to the five locations with a GDV of ₹227 billion that we had already established in Q1 FY26. This indicates that we have fulfilled our full-year guidance of ₹250 billion in the first half of the year itself.
The company’s net debt was recorded at ₹53.7 billion (0.25x net debt/equity), significantly below the ceiling of 0.5x net debt/equity. The exit cost of debt for Q2 FY26 was 8%, a decrease of 30 basis points for the quarter.
