Why are Lodha shares down nearly 6% today? Know More
Shares of Lodha Developers Ltd. slumped nearly 6% in early trade on Monday to ₹1,203, despite the company posting a robust 42% year-on-year jump in consolidated net profit to ₹675 crore for the quarter ended June 30, 2025. The Mumbai-based real estate giant had reported a profit of ₹475 crore in the same quarter last year.
Consolidated revenue also saw a healthy rise to ₹3,624 crore from ₹2,918 crore in Q1 FY25. Pre-sales for the quarter reached ₹4,450 crore, up 10% YoY, slightly below potential due to the temporary impact of the India-Pakistan crisis in May, according to Executive Director S.K. Modi. Still, the company reiterated its FY26 guidance of a 20% annual growth in pre-sales.
During the quarter, Lodha launched projects worth ₹8,300 crore, mostly in Mumbai, including premium projects in Juhu and Alibaug, and additional launches in Bengaluru. The company has already achieved 90% of its business development guidance of ₹25,000 crore for the fiscal year and expects more activity in the festive quarters (Q3 and Q4), with the current quarter limited to phased rollouts of existing developments.
Despite the strong financials and operational performance, the stock's decline on Monday may be attributed to profit booking by investors following the recent run-up.
Disclaimer: The information provided is for informational purposes only and should not be construed as financial or investment advice. Stock market investments are subject to market risks. Readers are advised to conduct their own research or consult a certified financial advisor before making any investment decisions. Neither the author nor the platform assumes any liability for financial losses or decisions made based on this content.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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