Lodha Developers Shifts Focus to Audited Revenue and PAT

Lodha Developers Ltd announced a strategic shift in its reporting metrics, moving from pre-sales and operating performance to audited Revenues and PAT as the primary measures of business health. This change, effective from the upcoming quarterly results, aims to enhance transparency for stakeholders. The company will no longer issue separate operating performance pre-releases. Performance for the past quarter has been in line with guidance. This move aligns with their stated commitment to transparency since their listing in April 2021, building on previous initiatives like providing proforma profitability.