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Lodha Developers H1FY27 net profit soars 63%, expects to beat full-year guidance

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In short

Lodha generated a quarterly net profit of Rs 1,013 crore on revenues of Rs 4,468 crore, supported by pre-sales reaching Rs 9,670 crore for the first half of the fiscal year. The firm is actively widening its geographical presence through targeted project rollouts in North Bengaluru and the National Capital Region. In parallel, it is launching a self-funded data centre initiative designed to scale annual annuity earnings to Rs 3,000 crore by FY32. Management maintains a disciplined balance sheet with net debt standing at Rs 5,279 crore.

Key points

  • Expanding into regional markets like Bengaluru and the National Capital Region will help…: Expanding into regional markets like Bengaluru and the National Capital Region will help drive core residential pre-sales targets.
  • A strategic push into self-funded artificial intelligence data centres aims to grow annui…: A strategic push into self-funded artificial intelligence data centres aims to grow annuity income tenfold over the coming years.
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Sources checked by our analysis pipeline: 1

The company’s net profit for the quarter ended September rose 28% year-on-year to Rs 1,013 crore, while revenue increased 18% to Rs 4,468 crore. Net profit margin for the quarter stood at 22.1%.

The developer’s pre-sales during the quarter grew 10% to Rs 5,037 crore, taking pre-sales as of the first half of the financial year to Rs 9,670 crore, which is 40% of the company’s full-year guidance of Rs 24,000 crore.

“We have delivered continued strong operating and financial performance in Q2 FY27, building on the momentum we have sustained since our IPO in 2021…Basis the strong performance in the first half, we expect to easily exceed our profit guidance for the year,” said Abhishek Lodha, managing director, Lodha Developers.

The company is continuing its expansion in new markets, with its Bengaluru business gaining traction following another launch in North Bengaluru during the quarter. It is also planning a launch in the National Capital Region during the festive season, alongside further launches across new locations.

The company said the response to its Bengaluru launch reaffirmed demand for established real…

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