Lodha Developers Ltd announced on Wednesday a 1 percent rise in its consolidated net profit, reaching Rs 956.9 crore for the third quarter of the current fiscal year. In the same quarter last year, the net profit was Rs 944.4 crore.
According to a regulatory filing, total income increased to Rs 4,775.4 crore during the October-December period of the 2025-26 fiscal year, up from Rs 4,146.6 crore in the corresponding period of the previous year.
Abhishek Lodha, the Managing Director and CEO of Lodha Developers, commented on the results, stating, “Our pre-sales performance in the third quarter highlights the strong demand for our products and brand.” He noted that for the first nine months of the current fiscal year, the company has achieved significant pre-sales. “We have surpassed the Rs 5,000 mark in quarterly sales for the first time, marking a significant milestone in our journey.
We are optimistic that strategic and timely policy interventions by the government and central bank, such as GST rationalization and interest rate cuts, will bolster India’s economy,” Lodha remarked. He added that favorable conditions such as low mortgage rates, increasing household incomes, and enhanced affordability would contribute to a rise in housing demand. “We entered the Delhi-NCR market during the December quarter as part of our disciplined growth strategy.
As NCR is the second-largest residential market in India after Mumbai, we are now catering to the top four housing markets in India, which account for approximately 80 percent of housing sales by value,” Lodha stated. Based in Mumbai, Lodha Developers Ltd is recognized as one of the leading real estate firms in the country. To date, the company has developed over 100 million square feet of real estate.
