Lodha Developers reported strong FY26 performance, with record annual pre-sales of Rs 205,300 million (mn) and a marked reduction in net debt to Rs 53,770 million. The report covered the quarter ended 31 March 2026 and noted the best-ever quarterly and annual pre-sales, driven by rising collections and operational efficiencies. Net debt to equity stood at 0.23x by quarter end, reflecting low leverage alongside scaled business expansion. The company delivered profit after tax of Rs 34,310 million, up 24 per cent, with PAT margin improving to 20.0 per cent from 19.5 per cent a year earlier. During FY26, Lodha added 12 projects with a gross development value of about Rs 600,000 million available for sale across the Mumbai Metropolitan Region, Pune, Bengaluru and the National Capital Region, roughly two point four times the annual guidance. Entry into the National Capital Region was noted as providing additional market opportunity. A memorandum of understanding with the Government of Maharashtra was signed to develop a Green Data Centre Park at Palava across about 400 acres, with plans to develop one gigawatt (GW) of data centre capacity on a build-to-suit basis over roughly 100 acres. This initiative is expected to generate rental income and to increase the value of the more than four thousand acres of landholding at Palava, aided by new connectivity infrastructure. Net debt fell by approximately Rs 8,000 million in the quarter on the back of strong collections, while exit cost of debt for the quarter stood at 7.8 per cent, down by ten basis points. The company noted that about one-fifth is held by the Lodha Foundation, which has funded new research institutes in mathematical sciences and theoretical physics to support long-term national objectives.