Lodha Developers Limited has reported remarkable financial performance for the second quarter of FY26, achieving record presales of INR 45.7 billion, a 7% increase year-on-year. This milestone positions the company on track to meet its full-year presales guidance of INR 210 billion, having already achieved 43% of this target in the first half of the fiscal year. The robust performance is attributed to consistent presales exceeding INR 40 billion for the last seven quarters, alongside the resolution of environmental clearance issues that previously delayed approvals in Mumbai.

During the Q2 FY26 earnings call, Managing Director Abhishek Lodha highlighted the positive macroeconomic environment, citing the Indian government's GST rationalization and the Reserve Bank of India's recent GDP growth forecast revision to 6.8% as key factors contributing to consumer sentiment. The anticipated benefits from the ongoing Federal Reserve rate-cut cycle are expected to further stimulate demand in the real estate sector, which Lodha believes will be a significant driver of economic growth. The company is also optimistic about leveraging advancements in artificial intelligence to enhance productivity and business development.

Lodha Developers reported an embedded EBITDA margin of 32% for the quarter, with a pro forma profit after tax (PAT) of INR 9.3 billion, achieving a PAT margin of 20.3%. The firm continues to focus on maintaining affordability in the housing market, achieving a 3% price growth in the first half of the year. Moreover, the company successfully completed its full-year business development guidance of INR 250 billion in just the first half, indicating a strong pipeline of opportunities for future growth. With these impressive results, Lodha Developers is well-positioned to capitalize on the expanding market dynamics and consumer demand.