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Lodha Developers' Q1 net profit doubles to record Rs 1,373 cr
Lodha Developers reported a record profit and strong revenue growth for the quarter. The company successfully reduced its net debt while maintaining low leverage ratios. Pre-sales and collections saw significant year-on-year increases, reflecting robust market demand. Lodha plans substantial expansion in its annuity business over the next six years. The developer also sold land at its Palava Green Data Center Park.
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economictimes.indiatimes.com
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Lodha Developers Q1 Results: Profit jumps 2-fold to Rs 1,373 crore
Lodha Developers reported a remarkable 100% increase in net profit for the first quarter, showcasing substantial growth in sales bookings, which rose by four percent to reach Rs…
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Lodha Developers' Q1 net profit doubles to record Rs 1,373 cr
Lodha Developers reported a record profit and strong revenue growth for the quarter. The company successfully reduced its net debt while maintaining low leverage ratios. Pre-sales…