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Lodha Developers reported a robust performance in the third quarter of FY26, with sales bookings rising 25 percent year-on-year to INR 5,620 crore, supported by sustained demand for residential properties. The company also recorded healthy quarter-on-quarter growth, reflecting continued buyer confidence across its housing portfolio. Strong collections during the quarter further reinforced operational momentum. Encouraged by consistent absorption in ongoing projects and a strong pipeline of upcoming launches, Lodha Developers reaffirmed its confidence in achieving its full-year sales target of INR 21,000 crore. The performance highlights the resilience of the residential real estate market and the developer's strong brand positioning across key urban markets.
Lodha Developers delivered a strong operational performance in the October-December quarter of FY26, reporting a 25 percent year-on-year increase in sales bookings to INR 5,620 crore. The growth was driven by sustained demand for housing across the company's portfolio, reflecting continued end-user confidence and favourable market conditions in key residential markets. Advertisement
The quarter also marked the company's best-ever quarterly pre-sales performance, with sales bookings growing 23 percent on a quarter-on-quarter basis. This momentum underscores consistent absorption across existing projects, supported by improving affordability, infrastructure-led connectivity and buyer preference for reputed developers with strong execution capabilities.
During the quarter, Lodha Developers recorded collections of INR 3,560 crore, indicating healthy cash flow and effective conversion of bookings into receipts. Strong collections remain a key operational metric, reinforcing the company's balance sheet strength and its ability to fund ongoing construction and future project launches.
Buoyed by the current sales trajectory, the company expressed confidence in achieving its full-year sales bookings target of INR 21,000 crore for FY26. This outlook is supported by continued demand in existing developments as well as a significant pipeline of new launches planned in the ongoing and upcoming quarters. The developer's launch strategy remains focused on high-demand micro-markets, offering a mix of mid-income, premium and luxury housing to cater to diverse buyer segments.
In the previous financial year, Lodha Developers recorded sales bookings of INR 17,630 crore, reflecting steady growth over INR 14,520 crore in the year before. The sustained upward trend highlights the company's ability to scale volumes while maintaining pricing discipline and product quality.
Based in Mumbai, Lodha Developers is among India's leading real estate companies and has delivered approximately 110 million sq ft of real estate to date. The company currently has over 130 million sq ft under construction and in its planned development pipeline, positioning it strongly for long-term growth as residential demand remains resilient across major urban centres.
Source - PTI
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