Tuesday, August 18
Lodha Developers shares gained over 2% to their day's high of Rs 1,138 on Wednesday, January 7, after the real estate major reported strong operating performance for the December quarter.On Tuesday, Lodha Developers announced a 25% year-on-year rise in sales bookings to Rs 5,620 crore in Q3FY26, compared with Rs 4,510 crore in the same quarter last year. The growth was driven by robust demand for residential properties across key markets.In its quarterly update, the company said it recorded its highest-ever quarterly pre-sales of Rs 56.2 billion, registering 25% YoY growth and 23% quarter-on-quarter growth. Management highlighted that sustained sales momentum and a strong pipeline of launches in the March quarter are expected to help the company meet its full-year pre-sales guidance of Rs
