Lodha Developers Aims for 17% Growth in Pre-Sales, Targeting ₹24,000 Crore in FY27
Lodha Developers targets 17% pre-sales growth in FY27 at Rs 24,000 crore
The Economic TimesImage: The Economic Times
Lodha Developers, a major real estate firm in India, aims for a 17% increase in sales bookings, targeting ₹24,000 crore for the fiscal year 2026-27. This follows a 16% rise in bookings to ₹20,530 crore in FY26, driven by strong housing demand despite recent market fluctuations.
- 01Lodha Developers targets ₹24,000 crore in sales bookings for FY27, a 17% growth.
- 02Sales bookings rose 16% to ₹20,530 crore in FY26 from ₹17,630 crore in FY25.
- 03Net profit increased to ₹3,430.7 crore in FY26, up from ₹2,766.6 crore in FY25.
- 04Total income grew to ₹17,119.5 crore in FY26 from ₹14,169.8 crore in FY25.
- 05The company emphasizes profitable growth and resilience in housing demand amid 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, marking a 17% growth from the previous year. This follows a successful fiscal year 2025-26, during which the company reported a 16% increase in sales bookings, reaching ₹20,530 crore, up from ₹17,630 crore in FY25. The firm also reported a significant rise in net profit, which increased to ₹3,430.7 crore from ₹2,766.6 crore in the prior fiscal year. Total income for FY26 rose to ₹17,119.5 crore, compared to ₹14,169.8 crore in FY25. Abhishek Lodha, the Managing Director and CEO, highlighted the company's focus on profitable growth and long-term value creation, which has enabled it to thrive despite various geopolitical challenges over the last year. Lodha Developers continues to expand its footprint in the real estate market, having developed over 100 million square feet and recently acquiring land in the Delhi-NCR region for future projects.
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The growth in sales bookings indicates a positive outlook for homebuyers, as increased profitability may lead to more housing projects and better quality offerings in the market.
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