Lodha Developers Achieves Record Pre-sales of ¥ 56.2bn in Q3FY26 with 25% YoY Growth

Lodha Developers Ltd, a leading real estate developer, announced its key operational updates for Q3FY26. The company achieved its best ever quarterly pre-sales of ¥ 56.2bn, marking a 25% YoY growth and 23% QoQ growth. The strong momentum in sustenance sales and significant launch pipeline in Q4 is expected to support the achievement of pre-sales guidance of ¥ 210 bn for the year. The collections for Q3FY26 were ¥ 35.6bn, lower than Q3FY25 due to one-off inflows from large land and office sales. However, collections are expected to scale up significantly in the coming quarters. In Q3FY26, the company added five projects with GDV of ¥ 338bn in MMR, NCR and Bengaluru, taking 9MFY26 business development at ¥ 588bn, which is 2.35x of the annual guidance of ¥ 250bn. This significant business development will allow better visibility of future growth and support higher profitability in upcoming acquisitions. The net debt stood at ¥ 61.7bn, well below the ceiling of 0.5x Net debt/Equity.