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Q1 presales solid for India's top listed real estate firms, profits patchy

DLF and Prestige power sales; Godrej and Oberoi face revenue drag

real estate, realty firms
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On the earnings front, DLF, Lodha, Godrej, and Prestige recorded profit growth of 18 per cent, 42 per cent, 15 per cent, and 26 per cent Y-o-Y, respectively. | File Image

Prachi Pisal Mumbai

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India’s top listed real estate developers — DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties — reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend.
 
According to Nomura, the top five developers — DLF, Lodha, Prestige, Oberoi, and Godrej — recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.
 
On the earnings front, Lodha 42, Prestige 26, DLF 18, and Godrej 15 posted profit growth of 42 per cent, 26 per cent, 18 per cent, and 15 per cent Y-o-Y, respectively.
 
“This momentum is not