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 .
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Lodha Developers shares advanced 4.4 per cent in trade after Q1 results and earnings call; here's what investors should do next
Lodha Developers' sales bookings increased by 10 per cent year-on-year (YoY) to ₹4,450 crore during Q1 of this financial year
The company's total expenses during the quarter under review also increased by 20.01 per cent to Rs 2,721 crore
Q1 FY26 company results: Balkrishna Industries, Lodha Developers, Whirlpool, ZEN Technologies, and SBFC Finance are also to release their April-June quarter earnings reports today
The Mumbai-based developer is considering rolling out a project with an investment of as much as ₹1,900 crore ($220 million) in the year starting April 2026
At 12:03 PM; Nifty Realty, the top loser among sectoral indices, was down 3 per cent, as compared to 0.35 per cent rise in Nifty 50.
Lodha Developers shares slipped 6.6 per cent, logging an intraday low at ₹1,346.5 per share on the BSE amid large trades