Lodha Developers Business Update
Lodha Developers Limited filed its quarterly statement on the utilization of issue proceeds for NCDs, confirming usage status for its debt instruments.
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Lodha Developers Limited filed its quarterly statement on the utilization of issue proceeds for NCDs, confirming usage status for its debt instruments.
Lodha Developers will now report audited Revenues and PAT quarterly, discontinuing separate pre-releases. This change aims to enhance transparency for stakeholders.
Lodha Developers reported its best-ever quarterly pre-sales of ₹5,890 Crore for Q4FY26, with full-year FY26 pre-sales reaching ₹20,530 Crore. The company added projects with ₹60,000 Crore GDV in FY26 and reduced net debt by ₹800 Crore. Management expects increased free cash flow as business development investments moderate over the next 24 months.