Copyright thehindubusinessline
Shares of Lodha Developers Limited were trading 2.12 per cent higher at ₹1,196.20 on the NSE as of 11.55 am on Friday, after the company reported strong second-quarter results. The stock opened at ₹1,199 and touched an intraday high of ₹1,214, with over 40.88 lakh shares changing hands. The Mumbai-based real estate developer reported a net profit of ₹788 crore for the quarter ended September 30, 2025, marking an 87 per cent increase from ₹423 crore in the same period last year. Revenue from operations rose 45 per cent to ₹3,798 crore from ₹2,625 crore year-on-year. The profit margin expanded to 20.4 per cent from 15.8 per cent in the year-ago quarter. The company achieved its best-ever second-quarter pre-sales of ₹4,570 crore, up 7 per cent year-on-year, driven by strong demand. Collections stood at ₹3,480 crore, registering a 13 per cent increase. The adjusted EBITDA margin remained robust at 34.4 per cent. Lodha completed its full-year business development target of ₹25,000 crore gross development value in the first half itself, adding projects worth ₹2,300 crore in the second quarter. Net debt stood at ₹5,370 crore with a net debt-to-equity ratio of 0.25 times, well below the company’s ceiling of 0.5 times. The exit cost of debt declined to 8 per cent for the quarter. Published on October 31, 2025
