Lodha Developers Reports 9% Yearly Profit Growth in Q4 FY26
Lodha Developers Q4 PAT jumps 9% YoY to Rs 1,008 cr
Business Standard
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Lodha Developers, a prominent real estate firm in India, reported a 9.2% increase in consolidated net profit to ₹1,008.1 crore for Q4 FY26, driven by an 11.6% rise in revenue. The company also achieved a 24% annual profit growth, supported by strong project additions and a focus on sustainable development.
- 01Consolidated net profit increased by 9.2% to ₹1,008.1 crore in Q4 FY26.
- 02Revenue from operations rose by 11.6% to ₹4,713.5 crore in the same quarter.
- 03The company added 12 projects with a gross development value of around ₹60,000 crore.
- 04Net debt decreased by approximately ₹800 crore, resulting in a net debt-to-equity ratio of 0.23x.
- 05Lodha Developers plans to develop a 400-acre green data center park in Palava, enhancing its long-term value.
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Lodha Developers (formerly Macrotech Developers) reported a 9.2% increase in consolidated net profit, reaching ₹1,008.1 crore for the fourth quarter of FY26, compared to the same period last year. Revenue from operations also saw an 11.6% rise, totaling ₹4,713.5 crore. The company's profit before tax climbed 6.5% year-on-year to ₹1,263.9 crore. On a full-year basis, net profit surged 24% to ₹3,430.7 crore, with total revenue increasing by 21% to ₹16,676.2 crore. The firm successfully added 12 projects with a gross development value of around ₹60,000 crore, significantly exceeding its annual guidance. Lodha's entry into the National Capital Region (NCR) enhances its footprint in India's second-largest housing market. The company also reported a decrease in net debt by about ₹800 crore, resulting in a net debt-to-equity ratio of 0.23x. Furthermore, Lodha Developers has signed a memorandum of understanding with the Government of Maharashtra to develop a 400-acre green data center park in Palava, which aims to generate substantial rental income. The company announced a final dividend of ₹4.25 per equity share for the financial year ending March 31, 2026, pending approval at the upcoming Annual General Meeting.
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The company's growth and expansion plans signal a positive outlook for the real estate market, potentially leading to increased job opportunities and economic activity in the regions where they operate.
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