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Lodha faces execution test as H2 turns crucial for sales goal
Mint New Delhi
|October 10, 2025
The first half of fiscal year 2026 (FY26) was modest for realty firm Lodha Developers Ltd, with pre-sales or bookings up 8% year-on-year (yo-y) to ₹9,020 crore.
Limited launches resulted in pre-sales rising 7% yo-y to ₹4,570 crore in the September quarter (Q2FY26).
A high base from last year, due to one-off land sales and seasonally weak demand during the monsoon and "shraadh" (inauspicious period for Hindus), also played spoilsport, per Nomura Global Markets Research on 7 October. While Q2FY26 pre-sales were in line with some analysts' estimates, the rate of growth was lower than its full-year guidance of a 20% yo-yrise.
Dit verhaal komt uit de October 10, 2025-editie van Mint New Delhi.
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