LODHA DEVELOPERS LIMITED

Lodha Developers Limited reported strong financial performance for Q1 FY27, with revenue reaching INR 50 billion, a 43% increase year-on-year. Adjusted EBITDA was INR 21.5 billion, up 79%, and PAT more than doubled to INR 13.7 billion, marking the best quarter for the company in terms of revenue, EBITDA, and PAT. Management emphasized that land monetization is a recurring aspect of their business, with plans to monetize additional land in their data center park. The residential segment remains robust, with pre-sales of INR 46.3 billion, although management noted that this was below trend due to postponed launches. They reaffirmed a guidance of 20% PAT growth for the fiscal year, with a focus on maintaining a balanced approach between existing projects and new launches. The company also highlighted the successful entry of Digital Edge India into their data center park, indicating strong demand for this segment.

Management highlighted strong financial results and growth potential in various segments.