Latest news with #LodhaDevelopersLtd
Time of India
6 days ago
- Business
- Time of India
Lodha Developers NCR entry plan: to buy at least one land parcel in FY26 for first housing project
Looking to enter the Delhi-NCR housing market, Lodha Developers Ltd MD and CEO Abhishek Lodha said the company expects to acquire at least one land parcel this fiscal in this important region for development of its first residential property . At present, Lodha Developers has a significant presence in the Mumbai Metropolitan Region, Pune and Bengaluru housing markets. Explore courses from Top Institutes in Please select course: Select a Course Category MBA Public Policy CXO Data Science Artificial Intelligence Management Healthcare healthcare Degree Project Management Digital Marketing Leadership Others Operations Management Design Thinking PGDM MCA Technology Data Science Data Analytics Cybersecurity others Finance Product Management Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details Skills you'll gain: Financial Management Team Leadership & Collaboration Financial Reporting & Analysis Advocacy Strategies for Leadership Duration: 18 Months UMass Global Master of Business Administration (MBA) Starts on May 13, 2024 Get Details According to the transcript of management's discussions with analysts, Abhishek Lodha said the company would undertake a few housing projects in the pilot phase to understand the market better and also gradually build a team for the effective execution of projects. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Use an AI Writing Tool That Actually Understands Your Voice Grammarly Install Now Undo "The Delhi NCR is an important market for us to get into. We obviously, as we have done in Pune and Bengaluru, will only enter in a gradual manner. We will be starting off with a pilot phase with a moderate number of projects and a moderate level of investment with a view to understand better how the market operates and how we build out the supply chain for operations as well as sales," he told analysts. In the pilot phase, the focus would be on building its local operating team. Live Events "We expect that we will conclude one or more land transactions either on a joint development basis or otherwise in the course of this financial year and hope to launch in the next financial year," said Abhishek. Mumbai-based Lodha Developers has recently reported a 42 per cent increase in its consolidated net profit to Rs 675.1 crore for the first quarter of this fiscal. Its net profit stood at Rs 475.9 crore in the year-ago period. On operational front, the company clocked a 10 per cent growth in its sales bookings during April-June period of this fiscal to Rs 4,450 crore. Total income rose to Rs 3,624.7 crore in April-June period of 2025-26 fiscal from Rs 2,918.3 crore in the corresponding period of the preceding year. Lodha Developers is one of the leading real estate companies in the country. During 2024-25 fiscal, the company had posted a net profit of Rs 2,766.6 crore on a total income of Rs 14,169.8 crore. Lodha Developers has delivered 110 million square feet of real estate and is currently developing more than 130 million square feet under its on-going and planned portfolio.
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Business Standard
6 days ago
- Business
- Business Standard
Lodha Developers plans to buy at least one NCR land parcel in FY25
Looking to enter the Delhi-NCR housing market, Lodha Developers Ltd MD and CEO Abhishek Lodha said the company expects to acquire at least one land parcel this fiscal in this important region for development of its first residential property. At present, Lodha Developers has a significant presence in the Mumbai Metropolitan Region, Pune and Bengaluru housing markets. According to the transcript of management's discussions with analysts, Abhishek Lodha said the company would undertake a few housing projects in the pilot phase to understand the market better and also gradually build a team for the effective execution of projects. "The Delhi NCR is an important market for us to get into. We obviously, as we have done in Pune and Bengaluru, will only enter in a gradual manner. We will be starting off with a pilot phase with a moderate number of projects and a moderate level of investment with a view to understand better how the market operates and how we build out the supply chain for operations as well as sales," he told analysts. In the pilot phase, the focus would be on building its local operating team. "We expect that we will conclude one or more land transactions either on a joint development basis or otherwise in the course of this financial year and hope to launch in the next financial year," said Abhishek. Mumbai-based Lodha Developers has recently reported a 42 per cent increase in its consolidated net profit to ₹675.1 crore for the first quarter of this fiscal. Its net profit stood at ₹475.9 crore in the year-ago period. On operational front, the company clocked a 10 per cent growth in its sales bookings during April-June period of this fiscal to ₹4,450 crore. Total income rose to ₹3,624.7 crore in April-June period of 2025-26 fiscal from ₹2,918.3 crore in the corresponding period of the preceding year. Lodha Developers is one of the leading real estate companies in the country. During 2024-25 fiscal, the company had posted a net profit of ₹2,766.6 crore on a total income of ₹14,169.8 crore. Lodha Developers has delivered 110 million square feet of real estate and is currently developing more than 130 million square feet under its on-going and planned portfolio. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard
29-07-2025
- Business
- Business Standard
Quick Wrap: Nifty Realty Index records a surge of 1.60%
Nifty Realty index ended up 1.60% at 926.5 today. The index has lost 7.00% over last one month. Among the constituents, Lodha Developers Ltd jumped 3.60%, Anant Raj Ltd added 2.72% and Sobha Ltd dropped 2.40%. The Nifty Realty index has decreased 15.00% over last one year compared to the 0.06% fall in benchmark Nifty 50 index. In other indices, Nifty Pharma index increased 1.37% and Nifty Infrastructure index added 1.22% on the day. In broad markets, the Nifty 50 recorded a gain of 0.57% to close at 24821.1 while the SENSEX witnessed a rise of 0.55% to close at 81337.95 today.
Business Standard
29-07-2025
- Business
- Business Standard
Lodha Developers Ltd Spikes 1.96%
Lodha Developers Ltd has lost 13.86% over last one month compared to 8.08% fall in BSE Realty index and 4.09% drop in the SENSEX Lodha Developers Ltd rose 1.96% today to trade at Rs 1224.95. The BSE Realty index is up 0.21% to quote at 7086.69. The index is down 8.08 % over last one month. Among the other constituents of the index, DLF Ltd increased 0.25% and Prestige Estates Projects Ltd added 0.23% on the day. The BSE Realty index went down 17.02 % over last one year compared to the 0.9% fall in benchmark SENSEX. Lodha Developers Ltd has lost 13.86% over last one month compared to 8.08% fall in BSE Realty index and 4.09% drop in the SENSEX. On the BSE, 4986 shares were traded in the counter so far compared with average daily volumes of 1.1 lakh shares in the past one month. The stock hit a record high of Rs 1534.25 on 09 Jun 2025. The stock hit a 52-week low of Rs 1036 on 17 Mar 2025.
Business Standard
28-07-2025
- Business
- Business Standard
Quick Wrap: Nifty Realty Index declines 4.07%
Nifty Realty index ended down 4.07% at 911.9 today. The index is down 8.00% over last one month. Among the constituents, Lodha Developers Ltd slipped 5.96%, Godrej Properties Ltd shed 5.28% and DLF Ltd fell 4.73%. The Nifty Realty index is down 15.00% over last one year compared to the 0.62% decline in benchmark Nifty 50 index. In other indices, Nifty Media index is down 2.70% and Nifty Private Bank index has dropped 1.65% on the day. In broad markets, the Nifty 50 has dropped 0.63% to close at 24680.9 while the SENSEX is down 0.70% to close at 80891.02 today.
