Lodha records Rs 4,450 cr pre-sales in Q1, adds Rs 22,700 cr of new projects

Lodha Developers, formerly Macrotech Developers, has reported pre-sales of Rs 4,450 crore in the first quarter of 2025-26, marking a 10% year-on-year (YoY) growth. This, according to the company, was achieved despite a temporary slowdown caused by geopolitical tensions that affected activity for about two weeks early in the quarter.

The real estate major expects to make up for the lost time during the rest of the financial year and reaffirmed its pre-sales guidance of Rs 21,000 crore for the current financial year. The company noted a strong launch pipeline supported by significant business development during the quarter.

Collections during the quarter rose 7% to Rs 2,880 crore in line with the business plan, the company said in a regulatory filing while indicating that it anticipates significantly higher inflows in the second half of the year.

The developer added five new projects across Mumbai Metropolitan Region (MMR), Pune, and Bengaluru during the quarter, with a total Gross Development Value (GDV) of Rs 22,700 crore. This accounts for more than 90% of Lodha’s full-year GDV guidance of Rs 25,000 crore, indicating a robust development pipeline.

Despite substantial investment in business development, Lodha’s net debt stood at Rs 5,080 crore as of the end of June. The company said this remains comfortably below its internal threshold of 0.5x net debt-to-equity.