Lodha Posts Record Q3FY26 Pre-Sales, Adds Rs 338 bn GDV

30 Jan 2026 CW Team

Collections during the quarter were Rs 35.6 billion, while revenues from operations increased 14 per cent year-on-year to Rs 46.7 billion. Adjusted EBITDA came in at Rs 14.9 billion, and profit after tax stood at Rs 9.6 billion, translating into a PAT margin of 20 per cent.

During the quarter, Lodha added five new projects with a gross development value (GDV) of Rs 338 billion, the highest ever added in a single quarter. This follows the addition of six projects with a GDV of Rs 250 billion in the first half of FY26. The company also entered the NCR market as part of its disciplined growth strategy, expanding its presence to India’s top four housing markets, which together account for nearly 80 per cent of housing sales by value.

Net debt remained controlled at Rs 61.7 billion, with a net debt-to-equity ratio of 0.28x, well below the company’s stated ceiling. The exit cost of debt for Q3FY26 declined to 7.9 per cent, among the lowest in the sector. On a like-to-like basis, excluding land sales in the previous year, revenue from operations, adjusted EBITDA and adjusted PAT grew 29 per cent, 23 per cent and 49 per cent year-on-year, respectively.

Lodha also continued to advance its sustainability initiatives, including efforts on steel decarbonisation, renewable energy optimisation and low-carbon design benchmarks. Alongside this, the company strengthened its social impact programmes through education, scientific research and community development initiatives across its operating regions.

Lodha Developers Limited reported its best-ever quarterly performance for the quarter ended December 31, 2025, driven by robust pre-sales and record project additions. Pre-sales stood at Rs 56.2 billion in Q3FY26, marking a 25 per cent year-on-year growth and the company’s first instance of crossing the Rs 50 billion quarterly milestone. Embedded EBITDA margin for the quarter was 33 per cent.Collections during the quarter were Rs 35.6 billion, while revenues from operations increased 14 per cent year-on-year to Rs 46.7 billion. Adjusted EBITDA came in at Rs 14.9 billion, and profit after tax stood at Rs 9.6 billion, translating into a PAT margin of 20 per cent.During the quarter, Lodha added five new projects with a gross development value (GDV) of Rs 338 billion, the highest ever added in a single quarter. This follows the addition of six projects with a GDV of Rs 250 billion in the first half of FY26. The company also entered the NCR market as part of its disciplined growth strategy, expanding its presence to India’s top four housing markets, which together account for nearly 80 per cent of housing sales by value.Net debt remained controlled at Rs 61.7 billion, with a net debt-to-equity ratio of 0.28x, well below the company’s stated ceiling. The exit cost of debt for Q3FY26 declined to 7.9 per cent, among the lowest in the sector. On a like-to-like basis, excluding land sales in the previous year, revenue from operations, adjusted EBITDA and adjusted PAT grew 29 per cent, 23 per cent and 49 per cent year-on-year, respectively.Lodha also continued to advance its sustainability initiatives, including efforts on steel decarbonisation, renewable energy optimisation and low-carbon design benchmarks. Alongside this, the company strengthened its social impact programmes through education, scientific research and community development initiatives across its operating regions.

Infrastructure Urban

20 Mar 2026

Lemon Tree Hotels Signs Resort In Lonavala Maharashtra

Lemon Tree Hotels Limited (LTHL) has signed a licence agreement for Lemon Tree Resort in Lonavala, Maharashtra, with the asset to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of LTHL. The resort will offer 50 well appointed rooms and will include a restaurant, banquet, meeting room, swimming pool, spa and fitness centre. The company described the addition as part of its strategy to expand branded resort offerings in key getaway destinations. Lonavala, located in the Sahyadri hills, is a popular leisure destination in western India known for scenic landscapes and a ..

Infrastructure Urban

20 Mar 2026

Kalai Chettinad Art And Architecture Festival At The Lotus Palace

The Lotus Palace Chettinad will host Kalai, the Chettinad Art and Architecture Festival, a four-day, three-night immersive celebration of the artistic legacy of Chettinad from three to six April 2026. The event has been organised by Apeejay Surrendra Park Hotels Limited (ASPHL) and will take place across restored heritage properties in Chettinad. It will be designed to offer guests a layered experience of place, structure and story that connects art, architecture and living traditions. The festival aims to present a confluence of global influences and local aesthetics. Kalai has been curated i..

Infrastructure Energy

20 Mar 2026

SJVN Reaches One bn Units At 1,000 MW Bikaner Solar Project

SJVN Limited (SJVN) has reached a milestone with its 1,000 megawatt (MW) Bikaner Solar Power Project by generating one bn units of electricity on 20 March 2026. The achievement underscores the company's role in supplying clean and sustainable energy to the national grid. The generation milestone was recorded within months of the project commencing operations and highlights rapid performance from the new facility. The Bikaner project, located in Bikaner district of Rajasthan, has been developed and implemented by SJVN Green Energy Limited (SGEL) under the Central Public Sector Undertaking Schem..