Lodha Group Reaches Record-Qarterly Pre-Sales of Rs 4,510 Crore in Q3 FY25
Real estate giant Lodha Group has achieved its highest-ever quarterly pre-sales of Rs 4,510 crore in the third quarter of financial year 2025. Here's a detailed look at the company's performance and strategic moves.
Real EstatePresalesLodha GroupQuarterly PerformanceMarket GrowthReal Estate MumbaiJan 06, 2025
This achievement marks a significant 32 per cent year-on-year (YoY) growth, demonstrating the company's robust performance and strategic prowess in the highly competitive real estate market.
During the first nine months of FY25, the company's cumulative pre-sales stood at Rs 12,820 crore, recording a 25 per cent annual growth.
This remarkable performance underscores the company's sustained momentum and its ability to meet and exceed market expectations.
The quarter saw strong collections of Rs 4,290 crore, a staggering 66 per cent increase from the same period last year.
This significant rise in collections is a testament to the company's efficient financial management and market-responsive strategies.
One of the key highlights of the quarter was the addition of a new project in Bengaluru, with a gross development value (GDV) of Rs 2,800 crore.
With this project, Lodha Group is now present at five strategic locations in Bengaluru, positioning the company for substantial pre-sales growth in the city from the next financial year onwards.
In addition to the Bengaluru project, the company has been active in expanding its portfolio across key markets.
During the first nine months of FY25, Lodha Group added eight new projects with a GDV of Rs 19,500 crore, spanning the Mumbai Metropolitan Region (MMR), Bengaluru, and Pune.
This aggressive expansion has enabled the company to achieve over 90 per cent of its annual guidance, solidifying its market leadership.
To further bolster its growth, Lodha Group acquired approximately 33 acres of land in the National Capital Region (NCR) for its digital infrastructure business, which includes warehousing and industrial sectors.
The company also entered into an agreement with its joint venture partner to increase its stake in the rental income (PropCo) from its digital infrastructure platform.
These strategic moves are aligned with the company's vision for calibrated growth in annuity income, thereby de-risking its development business and ensuring long-term sustainability.
The company's financial health has also improved significantly, with net debt reducing by Rs 610 crore to around Rs 4,320 crore.
This reduction is a result of strong collections, bringing the company's net debt below its target ceiling of 0.5x net debt/equity.
On a sequential basis, the company's pre-sales grew by 5 per cent, while collections surged by 40 per cent.
These achievements highlight Lodha Group's commitment to delivering consistent performance and value to its stakeholders.
As the company continues to navigate the dynamic real estate landscape, it remains focused on innovative strategies and prudent financial management to maintain its leadership position in the industry.
Frequently Asked Questions
What is the highest quarterly pre-sales amount achieved by Lodha Group in Q3 FY25?
Lodha Group achieved its highest-ever quarterly pre-sales of Rs 4,510 crore in Q3 FY25, marking a 32 per cent year-on-year growth.
What was the total pre-sales amount for the first nine months of FY25?
During the first nine months of FY25, Lodha Group's pre-sales stood at Rs 12,820 crore, recording a 25 per cent annual growth.
How much did Lodha Group's collections increase in Q3 FY25 compared to the same period last year?
Lodha Group's collections in Q3 FY25 increased by 66 per cent year-on-year to Rs 4,290 crore.
What new project did Lodha Group add in Bengaluru in Q3 FY25?
Lodha Group added a new project in Bengaluru with a gross development value (GDV) of Rs 2,800 crore in Q3 FY25.
How much land did Lodha Group acquire for its digital infrastructure business in the NCR?
Lodha Group acquired approximately 33 acres of land in the National Capital Region (NCR) for its digital infrastructure business, including warehousing and industrial sectors.
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