Realty company Lodha Developers announced Q3FY26 results Pre-sales: Rs 56.2 billion (+25% YoY) with embedded EBITDA margin of 33%. Collections: Rs 35.6 billion (-17% YoY). Revenues from Ops: Rs 46.7 billion (+14% YoY). Adj. EBITDA: Rs 14.9 billion. PAT: Rs 9.6 billion, PAT Margin: 20.0%. Abhishek Lodha, MD & CEO, Lodha Developers, said: “Our third-quarter pre-sales performance underlines the strong appeal of our product and brand. For the first nine months of the year, we have recorded our highest-ever first, second, and third quarter pre-sales. We have crossed the Rs 50 billion mark in quarterly sales for the first time, a significant milestone in our journey. We believe that the government. and central bank’sstrategic and timely policy interventions like GST rationalization, interest rate cut, etc., would provide support for India’s economy. The recently concluded trade deal with the EU will further support our growth. The tailwinds of low mortgage rates, rising household incomes and improving affordability continue to create an environment where quality, trust, and timely execution are more important than ever, giving a distinct advantage to an organized and execution focused developer like us. With our brand salience, operational excellence and superior product standards, we are uniquely positioned to convert this demand into profitable growth. We entered NCR this quarter as part of our disciplined growth strategy. NCR being the 2 nd largest residential market in India after Mumbai, we would now be serving the Top 4 housing markets in India which are ~80% of housing sales by value. We added five projects with a GDV of Rs 338 billion, in addition to the 6 locations with a GDV of Rs 250 billion that we had already added in H1FY26. This exceptional performance in business development further reinforces our long-standing reputation as the preferred partner for landowners seeking optimal value for their assets. Despite the significant investments in business development, our net debt stands at Rs 61.7 billion (0.28x Net Debt/ Equity) - well below our ceiling of 0.5x Net Debt/Equity. Our exit cost of debt for Q3FY26 stands at 7.9% (down 10 bps for the quarter)- among the lowest in the industry. With the front loading of business development, we now expect to moderate land investment in the next few quarters and further strengthen our balance sheet. On a like to like basis (excluding land sales in last year), our Revenue from operations, Adjusted EBITDA and Adjusted PAT stand at Rs 46.6 billion (29% YoY growth), Rs 14.9 billion (23% YoY growth) and Rs 9.5 billion (49% YoY growth) respectively.” Result PDF