Business · India Bureau
Lodha Developers Q2 profit jumps 28% on strong revenue growth
The Mumbai-based real estate developer reported a significant increase in second-quarter earnings, buoyed by robust operational performance. The company has also signalled confidence in surpassing its full-year profit targets.
LSN India ·
Lodha Developers has demonstrated strong financial momentum in the second quarter of FY2027, with net profit climbing 28 per cent compared to the same period last year. The developer's revenue from operations also expanded during the quarter, reflecting sustained demand in its project portfolio and operational efficiency gains.
The company's top-line performance stood at Rs 4,468 crore for Q2 FY27, marking a 17.6 per cent increase from Rs 3,798 crore recorded in the year-ago quarter. This revenue growth has translated into improved profitability margins for the Mumbai-headquartered developer.
On the back of its Q2 performance, Lodha Developers has expressed confidence in its ability to exceed profit guidance provided for FY27. The company's outlook suggests sustained momentum in real estate demand and project execution capabilities.
The results reflect Lodha's positioning in India's premium and mid-segment residential markets, where the company has multiple ongoing projects across key metropolitan areas. The company has been focusing on timely project delivery and cost management to enhance shareholder returns.