Lodha Developers Limited reported strong financial growth for the financial year ended March 31, 2026, with a consolidated net profit of ₹34,307 million. The Board of Directors recommended a final dividend of ₹4.25 per equity share. Additionally, the company announced key leadership appointments, including the re-appointment of Mr. Lee Polisano and the new appointment of Mr. Akhil Gupta as Independent Directors, along with the elevation of Mr. Satish Shenoy to the Senior Management team.
Financial Performance for FY2026
Lodha Developers Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹166,762 million, reflecting substantial business growth. The consolidated net profit for the fiscal year stood at ₹34,307 million, compared to ₹27,666 million in the previous year. For the Q4 period (Jan-Mar 2026), the company recorded a net profit of ₹10,081 million.
Dividend Recommendation
Recognizing the company’s robust performance, the Board of Directors has recommended a final dividend of ₹4.25 per equity share, representing a 42.5% payout on each share with a face value of ₹10. This recommendation is subject to the approval of shareholders at the upcoming 31st Annual General Meeting.
Board and Leadership Updates
The company continues to strengthen its governance structure. Mr. Lee Polisano has been re-appointed as an Independent Director for a second 5-year term, effective from July 30, 2026. Furthermore, Mr. Akhil Gupta has been appointed as an Additional (Non-Executive, Independent) Director for a 5-year term, effective from April 24, 2026. In a move to enhance operational leadership, Mr. Satish Shenoy, previously Chief Operating Officer – Construction Management, has been designated as a member of the Senior Management Personnel, effective immediately.
Operational Outlook
Lodha Developers continues to maintain a strong balance sheet with a Net Debt Equity Ratio of 0.24. The company remains focused on its core operations in real estate development across India, leveraging its expertise in construction management to drive long-term value for its stakeholders.
Source: BSE
