Lodha to Launch Rs 170 Billion Projects by March 2026

29 Jul 2025 CW Team

Modi said demand for residential properties has surged since the pandemic and is expected to grow further, supported by India’s economic momentum, income tax relief announced in the Budget, and a reduction in home loan interest rates.

“At the start of the fiscal, we estimated project launches worth Rs 180 billion. However, with the acquisition of five new land parcels in the June quarter, we now have clear visibility of launches totalling Rs 250 billion this fiscal,” he said.

Lodha has already launched housing projects worth Rs 80 billion in the first quarter alone. The remaining Rs 170 billion in launches will be spread across the next three quarters.

Modi believes the combination of a strong project pipeline, reduced interest rates, and tax incentives will provide the necessary tailwinds to meet the sales guidance.

Lodha reported sales bookings of Rs 44.5 billion during April–June 2025, reflecting a 10 per cent year-on-year increase. Modi noted that launches and sales typically rise in the second half of the fiscal, coinciding with the festival season which boosts buyer sentiment.

On the financial front, Lodha reported a 42 per cent rise in consolidated net profit to Rs 6.75 billion for the first quarter, up from Rs 4.76 billion a year earlier. Total income rose to Rs 36.2 billion from Rs 29.2 billion during the same period.

In FY 2024–25, the company posted a net profit of Rs 27.7 billion on revenue of Rs 141.7 billion.

Lodha Developers, a leading player in Indian real estate, has a strong presence in the residential segments of the Mumbai Metropolitan Region (MMR), Pune and Bengaluru. The company has delivered 110 million sq ft of real estate and is developing over 130 million sq ft across its ongoing and planned projects.

Real estate major Lodha Developers Ltd has announced plans to launch residential projects worth Rs 170 billion by March 2026, aiming to capitalise on strong demand in the housing sector. According to Executive Director (Finance) Sushil Kumar Modi, the company remains confident of meeting its pre-sales target of Rs 210 billion for the 2025–26 financial year, marking a 19 per cent rise over the previous year.Modi said demand for residential properties has surged since the pandemic and is expected to grow further, supported by India’s economic momentum, income tax relief announced in the Budget, and a reduction in home loan interest rates.“At the start of the fiscal, we estimated project launches worth Rs 180 billion. However, with the acquisition of five new land parcels in the June quarter, we now have clear visibility of launches totalling Rs 250 billion this fiscal,” he said.Lodha has already launched housing projects worth Rs 80 billion in the first quarter alone. The remaining Rs 170 billion in launches will be spread across the next three quarters.Modi believes the combination of a strong project pipeline, reduced interest rates, and tax incentives will provide the necessary tailwinds to meet the sales guidance.Lodha reported sales bookings of Rs 44.5 billion during April–June 2025, reflecting a 10 per cent year-on-year increase. Modi noted that launches and sales typically rise in the second half of the fiscal, coinciding with the festival season which boosts buyer sentiment.On the financial front, Lodha reported a 42 per cent rise in consolidated net profit to Rs 6.75 billion for the first quarter, up from Rs 4.76 billion a year earlier. Total income rose to Rs 36.2 billion from Rs 29.2 billion during the same period.In FY 2024–25, the company posted a net profit of Rs 27.7 billion on revenue of Rs 141.7 billion.Lodha Developers, a leading player in Indian real estate, has a strong presence in the residential segments of the Mumbai Metropolitan Region (MMR), Pune and Bengaluru. The company has delivered 110 million sq ft of real estate and is developing over 130 million sq ft across its ongoing and planned projects.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..