Lodha Developers, based in India, reported pre-sales of ₹20,530 crore for fiscal year 2026 (FY26), missing its target of ₹21,000 crore by ₹470 crore due to deferred sales linked to the ongoing Iran war. Despite this setback, the company recorded its highest-ever quarterly pre-sales of ₹5,890 crore in the fourth quarter (Q4 FY26), reflecting a 23% year-on-year growth. Collections for Q4 FY26 reached ₹5,230 crore, an 18% increase compared to the previous year, significantly improving from ₹3,560 crore in Q3 FY26. Throughout FY26, Lodha added 12 projects across the Mumbai metropolitan region, Pune, Bengaluru, and the national capital region, with a total gross development value of ₹60,000 crore, which is 2.4 times its annual guidance. As of April 1, 2026, the company has projects valued at ₹2 trillion available for sale, excluding certain land banks. Furthermore, Lodha's net debt decreased by ₹800 crore to ₹5,370 crore, with a net debt/equity ratio of 0.23x, well below its target ceiling of 0.5x.