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Lodha faces execution test as H2 turns crucial for sales goal
Mint Kolkata
|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.
Lodha has kept its FY26 pre-sales target at ₹21,000 crore. With 43% achieved so far, they need over ₹12,000 crore in pre-sales in the rest of the year, which is dependent on new launches.
Bu hikaye Mint Kolkata dergisinin October 10, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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