Lodha Developers targets 20% profit growth to ₹4,100 crore in FY27
Realty firm Lodha Developers Ltd is targeting 20 per cent annual growth in net profit this fiscal to Rs 4,100 crore on better demand for its housing properties and strong execution of projects.
In its latest investors presentation, Mumbai-based Lodha Developers highlighted that the company has achieved best ever quarterly profit during April-June period of 2026-27 fiscal.
The company's profit doubled to Rs 1,373.1 crore in April-June from Rs 675 crore in the year-ago period.
On the profit after tax (PAT), Lodha Developers said the company has already achieved 33 per cent of the total guidance of Rs 4,100 crore for the entire 2026-27 fiscal.
The PAT margin improved to 26.9 per cent in June quarter of FY27 from 18.6 per cent a year ago.
Total income rose to Rs 5,096.7 crore from Rs 3,624.7 crore.
During the entire 2025-26 fiscal, Lodha Developers logged a net profit of Rs 3,430.7 crore on a total income of Rs 17,119.5 crore.
In the presentation, Lodha Developers noted that the comp