Lodha Developers profit rose 63% year over year to ₹2,386 crore in the first half of fiscal 2026–27, the Indian property developer reported on October 30, 2026. The company said it expects to exceed its full-year profit guidance after the strong first-half performance.

Key Takeaways

  • September-quarter net profit rose 28% to ₹1,013 crore, while revenue increased 18%.
  • First-half pre-sales reached ₹9,670 crore, or 40% of the company’s ₹24,000 crore full-year guidance.
  • Lodha plans to begin executing a self-funded data centre strategy within six months.

Lodha Developers profit and pre-sales

For the quarter ended September 2026, revenue rose to ₹4,468 crore and net profit reached ₹1,013 crore. The company reported a quarterly net profit margin of 22.1%.

Quarterly pre-sales increased 10% year over year to ₹5,037 crore. The ₹9,670 crore booked in the first half leaves the developer with ₹14,330 crore of its full-year pre-sales guidance still to achieve.

Managing director Abhishek Lodha said the company expects to exceed its profit guidance based on its first-half performance. The source did not specify the amount of that profit guidance.

Expansion and data centre plans

Lodha said its Bengaluru business gained traction following another launch in North Bengaluru during the quarter. It also plans a launch in the National Capital Region during the festive season and further launches in new locations.

The developer plans to begin executing a self-funded data centre annuity strategy over the next six months. It expects annual annuity income to rise from ₹300 crore in the last financial year to ₹3,000 crore by FY2031–32; that longer-term figure is a company target, not a reported result.

Separately, Lodha has signed a ₹30,000 crore memorandum of understanding with the Maharashtra government for a proposed digital data centre park at Palava.

Debt and interest rates

Net debt stood at ₹5,279 crore at the end of September, with the net debt-to-equity ratio largely stable at 0.2 times, below Lodha’s stated ceiling of 0.5 times. Its exit cost of debt for the quarter was 7.8%.

The company said recent interest-rate increases in India were unlikely to directly affect housing demand in the segments it serves, though it would monitor indirect effects. It is also tracking the geopolitical and macroeconomic implications of the continuing Middle East conflict.

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