{
  "id": 17350238,
  "title": "Lodha Posts Strong Q2 FY27 Results, Profit After Tax Rises 28% To ₹1,013 Crore; H1 PAT Climbs 63% On Robust Revenue Growth",
  "url": "https://urgent.news/2026/10/31/lodha-posts-strong-q2-fy27-results-profit-after-tax-rises-28-to-1-013",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T05:53:30.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/lodha-posts-strong-q2-fy27-results-profit-after-tax-rises-28-to-1013-crore-h1-pat-climbs-63-on-robust-revenue-growth"
  },
  "original_language": "en",
  "account": "Mumbai-based Lodha Developers Limited reported impressive Q2 FY27 results on October 30, 2026. The company's profit after tax surged 28% to ₹1,013 crore, with revenue hitting ₹4,468 crore. For the first half of fiscal year 2027, Lodha's profit after tax rose 63% year-on-year to ₹2,386 crore. Pre-sales reached ₹5,037 crore in the quarter, growing 10% compared to the previous year.\n\nManaging Director Abhishek Lodha highlighted the company's robust operating and financial performance in Q2 FY27, driven by an 18% revenue increase. Looking ahead, the firm anticipates surpassing its annual profit guidance. Pre-sales for H1 already constitute more than 40% of the full-year target, aligning with early projections.\n\nIn terms of expansion, Lodha is actively developing projects in Bengaluru, including a new launch in North Bengaluru during the quarter. Additionally, the company plans a launch in the NCR region during the festive season, along with further ventures in new locations. Lodha's RentCo business, focused on data centres, aims to capitalize on AI infrastructure development. The company intends to execute a self-funded data centre annuity strategy within six months, targeting a tenfold increase in annuity income from ₹300 crore in FY26 to ₹3,000 crore by FY32.\n\nAs of September 30, 2026, Lodha's net debt stood at ₹5,279 crore, with a net debt/equity ratio of 0.2x. The company's profit after tax margin was 22.1% for the period, and the exit cost of debt remained stable at 7.8%. Through the Lodha Foundation, the company has supported various social initiatives, including hosting researchers at the Lodha Mathematical Sciences Institute, providing health insurance to over 6,000 individuals, and contributing to reports on sustainable urbanization.",
  "summary": "Mumbai: Lodha Developers Limited, formerly known as Macrotech Developers Limited, announced on October 30, 2026, that its profit after tax for the quarter ended September 30, 2026, rose 28% to ₹1,013 crore. Revenue for the quarter stood at ₹4,468 crore. Half-Year Performance For the first half of fiscal year 2027, the company's profit after tax was ₹2,386 crore, marking a 63% increase…",
  "key_points": [
    "Lodha Developers profit after tax rose 28% to ₹1,013 crore in Q2 FY27.",
    "First half of FY27 PAT climbed 63% year-on-year to ₹2,386 crore.",
    "Pre-sales grew 10% to ₹5,037 crore, exceeding 40% of annual target."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}