Lodha Developers Limited - Q2FY26 - Operational Updates

Lodha Developers Limited (Formerly known as Macrotech Developers Limited) has announced key operational updates for Q2FY26:

a) Pre-sales: We achieved pre-sales of INR 45.7bn in Q2FY26, showing 7% YoY growth, despite limited launches in the quarter. With the Hon'ble Supreme Court green lighting the Environmental Clearance (EC) process in late August, we have significant launches in H2 and are on track to meet our FY26 pre-sales guidance of INR 210 bn.

b) Collections: Collections were INR 34.8bn for Q2FY26 showing a growth of 13% YoY.

c) Business development: In Q2FY26, we added one project with GDV of INR 23bn in MMR. We have achieved our full year guidance of INR 250bn in H1 itself and have a robust pipeline.

d) Net debt: Despite the significant investment in business development in H1, our net debt stood at INR 53.7bn, well below our ceiling of 0.5x Net debt/Equity.

Shares of Macrotech Developers Limited was last trading in BSE at Rs. 1129.00 as compared to the previous close of Rs. 1145.45. The total number of shares traded during the day was 372141 in over 4642 trades.

The stock hit an intraday high of Rs. 1159.30 and intraday low of 1125.70. The net turnover during the day was Rs. 425736611.00.

Source : Equity Bulls

Keywords

LodhaDevelopers INE670K01029 Realty KeyOperationalUpdates Q2FY26 Q2FY2026