ALFA Filings
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Sri Lotus Developers released its quarterly monitoring report for ₹792 Crore IPO proceeds. No deviations were recorded in fund utilization across various residential and commercial projects.
Sri Lotus Developers reported explosive FY26 pre-sales growth of 137% YoY, driven by premium micro-market project launches in Mumbai. Management remains optimistic about ultra-luxury demand despite rising input costs.
Sri Lotus Developers and Realty Ltd reported revenue from operations of ₹307.5 Cr (+61.8% YoY) and net profit of ₹100.9 Cr (+17.5% YoY) for Q4 FY26.
Sri Lotus Developers reported FY26 revenue of ₹769 Crore with 137% pre-sales growth. The company maintains a net debt-free balance sheet with industry-leading realisations.
Sri Lotus Developers recommended a 50% final dividend of Re. 0.50 per share for FY 2025-26. Notably, promoters representing 81.87% of equity voluntarily waived their dividend rights.
Sri Lotus Developers reported its audited financial results for the year ended March 31, 2026. The Board also recommended a 50% final dividend for shareholders.
Sri Lotus Developers and Realty Limited has scheduled a Board Meeting on May 12, 2026. The board will consider audited standalone and consolidated financial results for FY 2025-26 and recommend a final dividend. The trading window remains closed until 48 hours after the results declaration.
Sri Lotus Developers and Realty Limited received a GST Show Cause Notice involving an alleged liability of approximately ₹10.00 Crore including tax, interest, and penalty for FY 2020-21 to 2023-24. The company has paid the tax component under protest and intends to contest the allegations before the appropriate authority.
Sri Lotus Developers launched its 'Luxury Coastline Collection' campaign, marking a strategic expansion into Mumbai's premium coastal markets. The initiative features 11 projects across locations like Juhu and Bandstand, slated for completion within four years. This move significantly broadens the company's footprint beyond its traditional strongholds.