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
Meanwhile, overall housing sales across the top seven Indian cities declined by 20 per cent YoY due to inexorably rising property prices and geopolitical tensions
At 11:40 am, the shares of the real estate developer were trading at ₹1,356, down by 1.55 per cent on the National Stock Exchange.
Realty firm Lodha Developers has acquired five land parcels in the Mumbai region, Pune and Bengaluru during the June quarter to develop housing projects with a total revenue potential of Rs 22,700 crore. In a regulatory filing on Monday, Lodha Developers said, "In April-June quarter of 2025-26, we added five new projects across the Mumbai Metropolitan Region, Pune and Bengaluru with GDV (gross development value) of Rs 22700 crore." The company did not mention whether these land parcels were acquired outright or whether it entered into a partnership with landowners. Lodha Developers, erstwhile Macrotech Developers, acquired 10 land parcels during the last fiscal year to develop housing projects with a total sales value of Rs 23,700 crore, as it seeks to expand business amid strong demand. Lodha Developers said it has achieved more than 90 per cent of its target to add Rs 25,000 crore worth of projects this fiscal. The company reported a 10 per cent growth in its sales bookings to
Lodha Developers reports a 10% YoY growth in Q1 FY26 pre-sales to Rs 4,450 crore, confident of meeting its FY26 pre-sales target of Rs 21,000 crore despite geopolitical challenges
Lodha (Macrotech Developers) stock is seen trading close to the neckline support of the 'Head and Shoulders' pattern on the charts, indicating crucial support around ₹1,365 levels.
Lodha Developers Ltd has been directed to deposit Rs 520.80 crore as security in relation to an ongoing case in the Supreme Court against V Hotels Ltd, which the company acquired last year through an insolvency process. In a regulatory filing on Wednesday, Lodha Developers Ltd informed that this matter is related to proceedings initiated by the Enforcement Directorate (ED) against the erstwhile promoter of V Hotels Ltd (VHL). This was in relation to a transaction of Rs 520.80 crore, allegedly routed through VHL before the start of the insolvency process. Lodha expects that the matter will be heard expeditiously in the apex court and the deposit will be released. In April last year, Lodha Developers Ltd announced the takeover of VHL through the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016. In the filing, the company said it acquired VHL in 2024 and paid the consideration to various creditors based on the approved resolution plan. The .