Lodha Developers Limited — Updates, 25-01-2025: Press Release

Lodha achieved remarkable financial results for the quarter ended December 31, 2024, posting an all-time high in Pre-sales at INR 45.1bn, a 32% year-on-year increase. Significant operational achievements include collections of INR 42.9bn, up 66% YoY, and revenue from operations reaching INR 40.8bn, reflecting a 39% growth. The company also reported a substantial Adj. EBITDA of INR 15.9bn (+48% YoY) and a PAT of INR 9.4bn (+66% YoY).

Importantly, Lodha has managed to reduce its net debt by INR 6.1bn to INR 43.1bn, resulting in a favorable Net Debt/Equity ratio of 0.22x. The company continues to expand its portfolio with the addition of a new project in Bengaluru valued at INR 28bn, bringing its total business development for the nine months to approximately INR 195bn. Furthermore, Lodha is enhancing its commitment to sustainability and philanthropic efforts, underscoring a positive outlook for future growth and operational efficiency.