Lodha Developers says it aims to nearly 2.5x its annual net profit to over Rs 8,500 crore by FY31, driven by sustained demand for homes and commercial spaces. The company points to a strong development pipeline and market position, banking on the Indian housing market’s long-term expansion.
Lodha Developers will roll out new housing projects worth about Rs 22,000 crore in FY27, spanning the Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. The company is targeting 17% growth in sales bookings, with a projected Rs 24,000 crore in booking value, signaling an aggressive push to scale up launches and demand across key markets.
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Lodha Developers is aiming for sales bookings of Rs 24,000 crore in the current fiscal, targeting roughly 17% growth on steady housing demand. In the previous year, bookings rose 16% to Rs 20,530 crore and net profit climbed to Rs 3,430.7 crore from Rs 2,766.6 crore, while total income reached Rs 17,119.5 crore.
Lodha Developers says it plans to scale its annuity income to over Rs 3,000 crore in the next six years, aiming for a major jump from current levels. The company will drive growth through new data center, retail, warehousing, and office developments, including a large data center project near Mumbai supported by heavy investment.
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