Lodha Developers records pre-sales of Rs 5,620 cr in Q3, up 25% on year

Lodha Developers has recorded its best-ever quarterly pre-sales of Rs 5,620 crore in the third quarter of 2025-26, up 23% sequentially and 25% from a year ago driven by robust sustenance sales.

Sustained demand across ongoing projects and a significant launch pipeline planned for the fourth quarter are expected to support the achievement of its full-year pre-sales guidance of Rs 21,000 crore, the company said in a regulatory filing.

Collections during the quarter were Rs 3,560 crore, down 17% from the previous year’s third quarter that had benefited from one-off inflows from large land and office sales. The company expects collections to scale up significantly in the coming quarters.


The developer’s net debt stood at Rs 6,170 crore, below its ceiling of 0.5x net debt-to-equity.

On the business development front, the company added five new projects during the quarter with a gross development value (GDV) of Rs 33,800 crore across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Bengaluru.

The performance took cumulative business development in the first nine months of the financial year to Rs 58,800 crore, which is 2.35 times of its annual guidance of Rs 25,000 crore. Lodha Developers has also commenced a pilot in NCR with two projects on a joint development basis.

The expanded project pipeline provides greater visibility of future growth and is expected to support higher profitability in upcoming acquisitions, the company said.