Lodha Developers Aims for ₹24,000 Crore in Sales Bookings for FY27
Lodha Developers targets 17% pre-sales growth in FY27 at ₹24,000 crore
Business StandardImage: Business Standard
Lodha Developers, a leading real estate firm in India, targets a 17% growth in sales bookings for the fiscal year 2026-27, aiming for ₹24,000 crore. This follows a successful fiscal 2025-26, where bookings rose 16% to ₹20,530 crore amid strong housing demand despite market fluctuations.
- 01Lodha Developers targets ₹24,000 crore in sales bookings for FY27.
- 02The company reported a 16% increase in sales bookings for FY26.
- 03Net profit surged to ₹3,430.7 crore in FY26.
- 04Total income grew to ₹17,119.5 crore in the last fiscal year.
- 05The company continues to perform well despite geopolitical challenges.
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Lodha Developers, a prominent real estate company in India, has set an ambitious target of achieving ₹24,000 crore in sales bookings for the fiscal year 2026-27, reflecting a 17% growth from the previous year. In FY26, the company experienced a 16% increase in sales bookings, reaching ₹20,530 crore, up from ₹17,630 crore in FY25. The company's net profit also saw a significant rise, increasing to ₹3,430.7 crore from ₹2,766.6 crore in the prior fiscal year, while total income rose to ₹17,119.5 crore from ₹14,169.8 crore in FY25. Abhishek Lodha, the Managing Director and CEO, emphasized the firm's focus on profitable growth and long-term value creation, which has allowed them to scale their operations effectively despite various geopolitical challenges over the past year. Lodha Developers, known for its Lodha brand properties, has developed over 100 million square feet and has a strong presence in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, with plans for a new housing project in the Delhi-NCR region.
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The projected sales growth indicates a robust housing market, which could lead to increased employment opportunities in construction and related sectors.
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