Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Lodha pre-sales dull, but biz development remains solid
Mint New Delhi
|July 09, 2025
Slow moving Lodha's Q1FY26 pre-sales rose 10% year-on-year and must accelerate to meet FY26 target.
Realty company Lodha Developers Ltd's latest business update didn't excite the Street. Pre-sales or bookings rose 10% year-on-year (y-o-y) to ₹4,450 crore in Q1FY26. This growth rate is lower than its full-year guidance of 20%. So, the stock fell 1.5% intraday on Tuesday and closed flat.
According to the management, geopolitical tensions in the first half of the quarter led to a loss of activity for two weeks. But the management is confident of recovering the loss in the latter part of the year. Lodha remains on track to achieve its FY26 pre-sales guidance of ₹21,000 crore, aided by a strong launch pipeline in Q1FY26, it said.
This story is from the July 09, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
India Inc starts work on implementing labour codes
Companies are scrambling to assess the impact of India's biggest labour reform on costs and salary structures with their compensation, finance and human resources teams.
2 mins
November 24, 2025
Mint New Delhi
Rupee may decline further as RBI has little elbow space
The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.
3 mins
November 24, 2025
Mint New Delhi
Claims on dubious pre-IBC deals swell
At ₹4 tn, amount matches entire sum recovered via IBC in 10 yrs
2 mins
November 24, 2025
Mint New Delhi
How new labour codes impact your gratuity, PF
The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike. Mint explains who benefits and what happens to take-home salaries:
2 mins
November 24, 2025
Mint New Delhi
INDIA'S TERROR THREAT SHIFTS CLOSER HOME
Life, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life.
3 mins
November 24, 2025
Mint New Delhi
Embrace the quiet joy of doing nothing in retirement
In a world demanding constant action, finding stillness is the perfect, complementary antidote to an active retirement
3 mins
November 24, 2025
Mint New Delhi
RBI must sharpen its policy focus on financial stability
The central bank’s monetary policy review in December comes at a time when inflation is benign and growth robust.
3 mins
November 24, 2025
Mint New Delhi
Is there a formula to measure talent?
Corporate talent is not high intelligence or fame; it is the capabilities— skills, knowledge, and expertise—required to multiply business value
4 mins
November 24, 2025
Mint New Delhi
Magnet imports slide as auto cos eye shift away from China
Rare-earth magnet shipments, largely sourced from China, fall by more than half in Apr-Sept
3 mins
November 24, 2025
Mint New Delhi
Adani JV buys Trade Castle Tech Park
ACX was established to develop a 1GW national datacentre platform.
1 min
November 24, 2025
Listen
Translate
Change font size