New Delhi: Lodha Developers Ltd on Tuesday reported its best-ever quarterly pre-sales of ₹5,620 crore in the October–December quarter of FY26, marking a 25% year-on-year and 23% quarter-on-quarter growth, driven by strong sustenance sales across markets.
In an operational update to stock exchanges, the company said the momentum, coupled with a robust launch pipeline in the March quarter, positions it to meet its full-year pre-sales guidance of ₹21,000 crore.
Collections during the quarter stood at ₹3,560 crore, lower than the year-ago period due to one-off inflows from large land and office sales in Q3 FY25. The company, however, said collections are expected to scale up significantly in the coming quarters as new projects progress.
On the growth front, Lodha added five projects during Q3 FY26 with a gross development value (GDV) of ₹33,800 crore across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Bengaluru. With this, cumulative business development in the first nine months of FY26 rose to ₹58,800 crore—2.35 times its annual guidance of ₹25,000 crore.
The company also marked its pilot entry into NCR through two joint development projects, citing a risk-calibrated capital deployment strategy. Lodha said the NCR foray will enable it to address nearly 80% of housing demand across India’s top seven cities.
Despite accelerated investments, net debt stood at ₹6,170 crore at the end of Q3 FY26, well below the company’s internal ceiling of 0.5x net debt-to-equity, underscoring balance sheet strength, it said.
The numbers disclosed are provisional and subject to limited review.