Lodha Developers announced its financial results for the first quarter of fiscal year 2027, reporting a significant surge in performance. Revenue soared by 43% year-on-year to INR 50 billion, while profit after tax (PAT) more than doubled to INR 13.7 billion. The company also highlighted its best-ever quarter for EBITDA and PAT margins, underscoring strong operational efficiency and strategic execution.
Lodha Developers Reports Record Q1 FY27 Performance
Lodha Developers Limited (formerly Macrotech Developers Limited) has declared its financial results for the first quarter ended June 30, 2026 (Q1 FY27), showcasing robust growth across key financial metrics. The company achieved its best-ever quarter in terms of revenue, EBITDA, and PAT.
Financial Highlights
For Q1 FY27, revenue reached INR 50 billion, marking a substantial increase of 43% compared to the same quarter in the previous year. Adjusted EBITDA grew by 79% year-on-year to INR 21.5 billion, with the EBITDA margin expanding to 43% from 34.4% in Q1 FY26. Profit After Tax (PAT) more than doubled to INR 13.7 billion, up from INR 6.8 billion in Q1 FY26, resulting in a PAT margin of 26.9% compared to 18.6% a year ago.
Operational and Strategic Updates
The company emphasized its focus on accounting profit after tax as the primary lens for assessment, alongside operating cash flow. It also noted that land monetization is a planned, recurring pillar of its business, not an exceptional item. In terms of pre-sales, the company reported INR 46.3 billion, a 4% year-on-year increase, though it was a conscious decision to postpone launches during the quarter.
Lodha Developers also provided an update on its data center business, highlighting significant progress. The company holds approximately 660 acres in its data center park, with plans to monetize further land and generate substantial sales and rental income. The firm reaffirmed its guidance of approximately 20% PAT growth over the medium term.
Industry and Market Outlook
The management highlighted the strong demand in the premium and luxury housing segments, with approximately 60% of sales coming from these categories. Consolidation in the industry is seen as a major trend, with branded developers expected to gain market share. The company is confident in its strategy to balance business from existing projects and new launches, aiming for consistent performance and growth across diverse geographies and segments.
Source: BSE
